News
G20 officials announced on July 11 that they would begin laying the regulatory groundwork for the group to accept digital payments.
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Japan News
Japan is an island nation in East Asia. It is the tenth-largest country in the world by population and has the third- and fourth-largest economy by nominal GDP and purchasing power parity, respectively. Japan has been interested in Bitcoin and blockchain technology developments from the beginning, so the country has become the place of origin for several of the largest Japan Bitcoin exchange platforms, which have expanded to the international level with a wide range of virtual currencies available. Despite serious cyberattacks, the authorities have continued to raise a lot of capital for the popularization of digital currencies. The government considers Japan cryptocurrency legislation as a way to attract international investors from countries where cryptocurrency is banned and, through that, to strengthen the national economy.
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Tosei real estate and Tokyo Financial Holdings issued an asset-backed digital financial product, Coinage registered with Japanese authorities as an exchange and more headlined news from Japan this past week.
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Japanese holdings of cryptocurrencies such as Bitcoin, XRP, and Ether all surged during the coronavirus pandemic.
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The Cardano Foundation has warned that a suspicious firm is trying to rake in investments by claiming contact with the foundation.
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Brave has found a major partner in Japan to explore the growing Japanese market with.
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Major Japanese online securities firm Monex Securities is the first Japanese firm to offer a cryptocurrency CFD.
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The Japanese government will appoint Ryozo Himino as the next commissioner of Japan's Financial Services Agency.
3657 - NewsWorld’s Largest Pension Fund Lost the Equivalent of Bitcoin’s Entire Market Cap in Just Three Months
The world’s largest pension fund posted a first-quarter loss of $165 billion, which is equivalent to the Bitcoin’s entire market capitalization.
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The Bank of Japan announced on Thursday that it would experiment with a CBDC to check its feasibility from a technical perspective.
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The number of crypto and blockchain-related companies in Japan increased by more than 30% this year, data from Monex Group's Monex Crypto Bank shows.
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Smaller firms in the sharing economy can find it difficult to compete with established, centralized platforms. A blockchain-based protocol plans to change that.
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A Nikkei article states that Soramitsu will start testing its ‘White Tiger’ digital currency for retailers at a university in Fukushima.
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BitFlyer Holdings held a general shareholders meeting by using a blockchain voting app which went “without any troubles.”
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SBI announced a crypto investment fund, Bitflyer Holdings used blockchain-based voting for a shareholder meeting, and more headlined news from Japan this past week.
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Tokai Tokyo Financial Holdings, a major Japanese traditional financial institution, is working towards launching a digital security exchange in Japan.
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