Kazushige Kamiyama has been appointed to head Bank of Japan’s payments and settlement department.
Bank of Japan has been experimenting with a central bank digital currency, although it is yet to officially develop a digital currency.
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.
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 has experienced rapid growth in its blockchain industry, a new report has shown. Since 2019, blockchain companies have increased by 30%, the report says.
The group was founded by DeCurret exchange, and includes representatives from three of Japan’s megabanks.
It has come to the FSA’s attention that some financial service providers located overseas were attempting to service Japanese customers.
Coincheck confirmed that a third party was able to fraudulently obtain user’s email addresses and personal data.
Taro Aso said he would be unwilling to push for taxes on digital currency-related income to be reduced to 20%.
Media Do Holdings is investing US$2.8 million into distributed ledger technology for the distribution of its ebooks.
Japan STO Association and Japan Virtual Currency Exchange Business Association are now formally recognized as self-regulatory groups.