Bank of Japan top economist to lead digital yen initiative
Kazushige Kamiyama has been appointed to head Bank of Japan’s payments and settlement department.
The Latest Japan News
Digital yen ‘now top priority’ for Bank of Japan
Bank of Japan has been experimenting with a central bank digital currency, although it is yet to officially develop a digital currency.
Japan steps up interest in CBDC, includes it in official economic plan
Japan’s interest in a digital yen went up a notch after the government included it in its official economic plan. Japan has also been doing extensive research.
Japan central bank explores offline CBDC payments
The Bank of Japan has been exploring the technical feasibility of a CBDC and in its latest paper; it dives into offline usage for those without smartphones.
Japan’s blockchain industry grows by 30% in 2020
Japan has experienced rapid growth in its blockchain industry, a new report has shown. Since 2019, blockchain companies have increased by 30%, the report says.
Study group formed in Japan to review digital currency settlement
The group was founded by DeCurret exchange, and includes representatives from three of Japan’s megabanks.
Japan FSA issues fresh warning vs investment advice from unregistered firms
It has come to the FSA’s attention that some financial service providers located overseas were attempting to service Japanese customers.
Coincheck exchange pauses remittances following data breach
Coincheck confirmed that a third party was able to fraudulently obtain user’s email addresses and personal data.
Japan finance minister voices opposition to lowering digital currency tax
Taro Aso said he would be unwilling to push for taxes on digital currency-related income to be reduced to 20%.
Japanese ebook platform ventures into distributed ledger tech
Media Do Holdings is investing US$2.8 million into distributed ledger technology for the distribution of its ebooks.
Japan regulator certifies 2 new digital currency associations
Japan STO Association and Japan Virtual Currency Exchange Business Association are now formally recognized as self-regulatory groups.
BitMEX announces restrictions for Japan users ahead of new digital currency laws
The exchange will stop new account registrations on April 30, while existing users can no longer take new positions from May 1.