Japan moving away from stablecoin restrictions in the new year
Japan is dead set on lifting the ban on stablecoins, with authorities gathering feedback on easing restrictions, opening a pathway for seamless stablecoin trading.
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Japan: Lawmaker slams regulators for approving FTT listing on local exchanges
Akihisa Shiozaki, a Japanese lawmaker, noted that the failure to conduct due diligence led to losses of thousands of Japanese investors as the FTT token's value tumbled overnight.
FTX Japan granted 3-month extension on its business suspension
FTX Japan had been ordered to shut down its services, but an FSA extension pushes this to March as customers continue to wait for their funds.
Binance backs into Japan, backs away from UK court ruling
Binance is making a backdoor move into Japan while its botched attempt to make a similar move into the U.K. isn’t stopping local courts from putting the digital asset exchange in the hotseat.
Bank of Japan to issue experimental digital yen in 2023
The central bank stated that the pilot would be conducted with a trio of mega banks and regional banks with a keen focus on the issuance and withdrawals of the state-backed digital currency.
FTX Japan plans to resume operations by January
FTX Japan halted withdrawals amid the collapse and bankruptcy filing of SBF’s FTX empire, with Japan’s regulator, FSA, ordering it to suspend operations.
Line’s BITFRONT shuts down operations, focuses on blockchain and LINK token
The exchange blamed the decision on the prolonged “crypto winter” plaguing the digital asset industry since the second quarter of the year.
Japan orders FTX to suspend operations
FTX Japan has gone into “close-only” mode, where users can only close out existing positions but can’t create new ones following the FSA’s suspension order.
LINE sets up NFT marketplace in bid to become Japan’s leading destination for digital collectibles
LINE NEXT's newest marketplace, DOSI, looks to showcase Southeast Asia's arts and culture in the digital age while working on boosting the mass adoption of NFTs.
Japan’s NTT Docomo plans to invest $4B in Web3 using mobile infrastructure
NTT Docomo's first step in the plan is to build a technology infrastructure for its foray into the digital asset industry before issuing digital assets, exchange, and wallet services to its users.
Lawmaker behind Japan’s relaxed digital asset policy seeks modified rules
After relaxing its digital asset listing regulations, Japan has its eyes set on improving taxation directives under a white paper being worked on by lawmaker Masaaki Taira.
Japan’s digital agency delves into DAOs, seeks to explore their ‘functions and roles’
The Digital Agency of Japan follows a Wyoming legislation that conferred legal status on a DAO, recognizing it as a legal entity in a trailblazing move.