In Japan, a group of well-known tech companies have agreed to work together to create the Japan Metaverse Economic Zone and an open metaverse infrastructure called Ryugukoku. The agreement aims to spa...
Tag: Japans
Could NFTs and crypto help Japan’s ‘Cool Japan’ strategy?
Japan has consistently been a leader in the tech industry, so it’s a logical step forward that, given current trends in the space, the Cool Japan movement might incorporate Web3 to strengthen its init...
Japan’s FTX unit K.K. decides to return back its client’s money
The FTX unit in Japan, a subsidiary of the failed cryptocurrency exchange of Sam Bankman-Fried, announced its decision to resume withdrawals this week to make the 1st of the FTX group to return funds ...
Japan’s Newest Billionaire Masters The Science Of Turning Waste Into Wealth
Fumio Kaneko, cofounder and president of waste management company Daiei Kankyo. Last December, the … [+] company raised $315 million from an IPO in Tokyo Stock Exchange. COURTESY OF DAIEI KANKYO...
Japan’s SBI Shares First Staking Rewards For ADA, DOT, & AVAX, Sparks Outcry From U.S. Crypto Investors
U.S. investors believe that regulatory clampdown is leaving the U.S. behind. Japanese crypto exchange SBI VC Trade, a subsidiary of SBI Holdings, announced the distribution of its staking rewards to c...
Bank Of Japan’s Next $5 Trillion Man Has Worst Job In Economics
Japan’s government nominated Kazuo Ueda to be the next governor of the Bank of Japan. Akio Kon/Bloomberg As poisoned-chalice jobs go, leading the Bank of Japan is a real standout. In fact, Kazuo...
The Biden Administration Should Learn Japan’s Painful Lessons On Hydrogen
Los Angeles, CA – March 17: A view of the backside of Unit 5, which uses the waste heat from another … [+] turbine generator, to create steam and generate additional electricity, and the H...
Japan’s Crypto Revival: As Other Nations Hesitate, Japan Embraces Web3
“We have to hold 100% of client assets (same kind and same amount) in cold wallets every day,” said Takaaki Kato, head of sales and trading at Bitflyer, one of Japan’s largest crypto exchanges. “If th...
Japan’s FSA Lifts Ban on Stablecoins; New Regulations from June
Japan’s FSA announced that it has decided to lift the ban on stablecoins. From June 2023, domestic investors would be allowed to trade using stablecoins. The authority would ensure the security of the...
Japan’s FSA expects to allow certain stablecoins by June 2023
Japan’s new regulations allowing investors to trade using stablecoins like Tether (USDT) are expected to be adopted no later than in June 2023, according to a local financial authority. The Financial ...
Japan’s new stablecoin regulations to take effect in June – Cryptopolitan
In Japan, the Financial Services Agency (FSA) is set to lift the ban on the domestic distribution of foreign-issued stablecoins in 2023. This will be part of a proposed cabinet order and cabinet offic...
Japan’s Financial Watchdog Official Proposes Stringent Crypto Regulations
4 hours ago | 2 mins read Exchange News The Japanese FSA Deputy Director even mentioned FTX’s failure. Crypto exchanges should be regulated like traditional financial institutions as per Yanase. Finan...
Crypto Exchanges Should be Supervised as Banks, Urges Japan’s Financial Regulator
Mamoru Yanase – Deputy Director-General of Japan’s Financial Services Agency (FSA) – urged global watchdogs to impose tougher regulations on the cryptocurrency industry. He believes digital asset exch...
Regulate Crypto Like Banks: Japan’s Financial Services Agency
Japan is urging global regulators to treat crypto with the same rigor as they do banks. Mamoru Yanase, FSA’s Deputy Director General, believes crypto should be regulated. Yanese proposed US, EU regula...
Japan’s FSA Thinks Crypto Should Be Treated Like Banks
Japan’s Financial Services Agency recently issued a statement urging global regulators to consider treating cryptocurrencies and digital assets in the same manner as banks. According to the Japa...
Algorithmic Stablecoins and Bitcoin in the same category: Japan’s FSA
In the third leg of Japan’s legal reforms, algorithmic stable coins will be in the same category as Bitcoin. The issuer will now be licensed, deem them banks, trust companies, or fund transfer servic...
Japan’s Square Enix Circles Blockchain Gaming Investment
Square Enix has ambitious plans for 2023, a year it hopes will mark a “major evolution and transformation.” The Japan gaming giant, best known for developing video game franchise Final Fantasy, has pl...
Japan’s Gaming Firm ‘Gumi’ Partners With Square Enix and SBI Holdings
SBI Holdings will increase its position in the firm to 22.46%. Square Enix’s shareholding will be very little at 3.01%. There has been a recent uptick in the number of game developers interested in in...
How Japan’s Lifting of Stablecoin Ban may affect Crypto world?
Join Our Telegram channel to stay up to date on breaking news coverage After the fall of Terra/Luna in May 2022, authorities started to scrutinize stablecoins even more. As a result, many countries ca...
Japan’s FSA set to lift the ban on foreign stablecoins in 2023
Stablecoins have been a contentious topic for the better part of 2022. However, Japan has taken a stand that could change the tide of this narrative. Japanese regulators are reviewing certain signific...
Astar network is fast becoming Japan’s web3 gateway
Asia has a thing for web3. Following a skeptical start, web3 technology is now finding favor with leading tech nations across the region. South Korea and Japan have been leading the charge, with the p...
Japan’s ‘Frankenstein’ Turns On The No. 3 Economy
Haruhiko Kuroda made the tiniest of gestures he possibly could on the BOJ’s ultraloose policies. JIJI PRESS/JIJI PRESS/AFP via Getty Images Who knew global investors were this easy? Even Bank of...
Why Japan’s shock policy shift didn’t ‘freak out’ US markets: Morning Brief
This article first appeared in the Morning Brief. Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe Wednesday, December 21, 2022 Today’s newslet...
Japan’s Number One Lubricant Company Joins GRC’s ElectroSafe Fluid Partner Program for Data Center Immersion Cooling
ENEOS will help GRC drive energy efficiency through use of its cooling oils, while contributing to the safe operation of data centers AUSTIN, Texas & TOKYO–(BUSINESS WIRE)–GRC® (Green Revolution C...
Japan’s “Sudden and Unexpected” Policy Shift and its Effect on BTC
The Bank of Japan (BOJ) unexpectedly raised the cap on the 10-year Japanese government bond yields to 0.5% from 0.25%. After this, the price of Bitcoin rallied over 4%. According to the Forbes report...
Why the Bank of Japan’s surprise policy twist is rattling global markets
Anchors aweigh? The Bank of Japan sent shock waves through global financial markets Tuesday, effectively loosening a cap on 10-year government bond yields in a surprise move seen as potentially pointi...
Bank of Japan’s Kuroda Shocks Markets by Raising the Benchmark Rate to 0.5% From 0.25% – Economics Bitcoin News
The Japanese yen is up 3.42% against the U.S. dollar on Tuesday as the Bank of Japan surprised the world by deciding to allow the benchmark interest rate to rise to 0.5% from 0.25%. The Japanese centr...
Japan’s major utility provider partners with local mining rig maker
TEPCO, a Japanese utility company behind the Fukushima nuclear reactor, partnered with local mining rig developer Triple-1 to offer its extra energy for mining. In a recent announcement, TEPCO confir...
Japan’s New Semiconductor Foundry Rapidus Taps IBM For 2nm Process
A clean room at the Albany NanoTech Complex IBM Research Japan wants to get back into the leading-edge semiconductor business and very recently a new company was formed to reboot its semiconductor ind...
Japanese Regulator Extends FTX Japan’s Suspension as Users Wait for Their Funds
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Japan’s Sumitomo Mitsui to issue soulbound tokens to explore Web3
The Japanese financial group Sumitomo Mitsui Financial Group (SMBC) is moving to explore the benefits of Web3 by issuing soulbond tokens (SBTs). Proposed by Ethereum creator Vitalik Buterin, SBTs refe...