Sony Bank explores yen-pegged stablecoin
Sony Bank is working with Belgian startup SettleMint on a proof-of-concept, with the stablecoin set to be used in other areas, including gaming and sports.
Search Results for: japan
Japanese companies push for stricter AI regulation to prevent social order collapse
In a joint manifesto, Nippon Telegraph and Telephone (NTT) and Yomiuri Shimbun Group note that rapid AI innovation could trigger the collapse of democracy and social order on a global stage.
Massachusetts AG releases AI advisory for enterprises amid soaring adoption rates
Massachusetts AG's advisory took swipes at the “false advertising” in AI and warned that AI firms engaged in deceptive marketing could face dire sanctions under the state’s consumer protection rules.
Central banks explore asset tokenization on BIS unified ledger
The Bank for International Settlements’ Project Agorá is a collaborative effort by seven central banks to create a platform for cross-border CBDC payments and tokenized money transfers.
Japan isn’t banning P2P digital asset transfers, FSA clarifies
The Financial Services Agency recommended that banks prohibit transfers to VASPs if the sender’s name differs from the account name, sparking concern in Japan over P2P crackdown.
Animoca Brands Japan appoints new COO in expansion drive
Kensuke Amo is a former managing executive officer of local exchange Coincheck and joins Animoca to drive growth in Japan and to expand Web3 initiatives.
Japan, US explore AI integration in drones, new fighter jets
Intending to ramp up defense cooperation with Japan and revolutionize airborne combat, the United States has signed a deal that would see both countries study the integration of AI in drones and military aircraft.
Japan’s FSA reveals crypto regulation update
The Financial Services Agency (FSA), Japan's top financial regulator, revealed that, while 160 companies are waiting in line to enter the crypto space, three cryptocurrency operators are currently being reviewed.
Japan’s Money Forward plans crypto expansion
Personal budgeting app Money Forward will launch a cryptocurrency exchange and will a new set of tools for its crypto customers that will offer a new automated digital currency accounts book.
Japan’s FSA plots harsher digital currency regulation
The regulations are expected to be brought in before summer next year, with a view to provide greater consumers and investors protection.
Japan’s financial watchdog suspends 2 cryptocurrency exchanges
The FSA had taken action against seven cryptocurrency exchanges—two of which were ordered to suspend business altogether.
Japan’s Zweispace to automate wills with smart inheritance contracts
Zweispace, known for its work in the real estate technology industry, has devised a Bitcoin-based smart contract structure to handle inheritances.