Located in East Asia, Japan is a top 20 country in the world in terms of population. Japan has the third-largest economy by nominal gross domestic product and the fourth-largest economy by purchasing power parity. Tokyo is the country’s capital. Bitcoin in Japan has a notable following, as does cryptocurrency and blockchain as a whole.
The country’s regulators have deemed Bitcoin an approved money type. Japan hosts a number of crypto exchanges, and the country has regulatory requirements around the industry, creating a scene more favorable for compliant crypto-asset entities. Bitcoin’s anonymous creator, Satoshi Nakamoto, is thought to be from Japan, although little is confirmed about Nakamoto’s identity.
The brand wants to offer financial services, including accepting deposits, financing loans, financial management and the exchange of crypto assets.
Fujitsu interested in crypto trading services, trademark application reveals
Creditors have the option of a lump-sum payment, bank remittance, fund transfer service provider or going through a cryptocurrency exchange or custodian.
Mt. Gox creditors have until March 10 to register and choose repayment method
Crypto-adjacent technologies could be a valuable part of Japan's strategy to promote its culture and boost its economy.
Could NFTs and crypto help Japan’s ‘Cool Japan’ strategy?
A group of prominent Japanese technology companies, including Fujitsu and Mitsubishi, came together in a new agreement to help advance the country’s metaverse ...
Tech companies enter agreement for ‘Japan Metaverse Economic Zone’
Despite stepping down as CEO three years ago, Yuzo Kano has continued to have a significant influence on the company, given he’s the Japan-based crypto exchange...
BitFlyer founder seeks to reinstate self as CEO, leading firm to IPO: Report
Numerous community members received their funds as FTX investors in other countries remain hopeful of a similar outcome.
FTX Japan allows total withdrawal of funds — users rejoice the ‘escape’
According to the crypto exchange, 7,026 FTX Japan account holders had moved funds from the firm to Liquid Global — a requirement in order to withdraw assets.
FTX Japan reports $50M in withdrawals since Feb. 21