Hong Kong’s Amber Group to reportedly acquire DeCurret exchange in Japan
Nikkei reports that DeCurret has been unable to compete with major players like bitFlyer and that the holding company will now focus on digital assets.
Latest Japan News
Japan to limit stablecoin issuance to banks: report
The Financial Services Agency believes the new proposal will prevent stablecoin runs in Japan as banks and wire transfer firms are required to protect consumer assets.
Consortium of private firms in Japan to launch yen-based digital currency
The consortium has brought together some of Japan’s largest firms, from banks to tech firms, and plans to launch the digital currency in the fiscal year 2022.
BSV blockchain steps into Japan as Bitcoin Association joins local industry group
Bitcoin Association Ambassador to Japan Masumi Hamahira encourages those in the BSV industry to produce more presentation materials in Japanese, to help JCBA's members become more aware of BSV's positions.
Bitcoin Association joins the Japan Cryptoasset Business Association (JCBA) as an associate member to support the growth of BSV in Asia
Bitcoin Association, the Switzerland-based global industry organization, joins the JCBA as an associate member to support the growth of enterprise and national scale applications of blockchain technology using the BSV blockchain.
Mt. Gox trustee clears major hurdle with ‘final and binding’ rehabilitation plan
The Mt. Gox trustee has announced in a letter that the rehabilitation plan he filed in Tokyo court last February is now final and binding.
Liquid exchange secures license to offer derivatives in Japan
After shaking off the August hack that cost them $80 million, Liquid is moving ahead with its derivatives trading offering in Japan after securing a Type I Financial Instruments Business license.
Mt. Gox creditors approve $9 billion payout
The trustee for the defunct Mt. Gox exchange has confirmed that creditors approved the plan that will eventually see over $9B paid out in the long-running digital currency saga.
Japan’s digital yen to prioritize simplicity and interoperability
Japan’s central bank will uphold simplicity in its design of a CBDC, with a senior official saying this is key in making it interoperable with payment systems.
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 Liquid Exchange hacked, nearly $80M on in digital assets missing
Liquid Exchange confirmed that the attackers had targeted its hot wallets and made away with 100+ BTC, 9 million XRP and tens of millions of ERC-20 tokens.
Japan FSA: We need more convincing on the merits of digital currencies
FSA chief Junichi Nakajima believes the country needs to investigate further on the merits of digital currencies before making it easier for investors to access them.