Daiko has acquired a controlling stake of 58.1% of the 100% stake in Bitgate, leaving the exchange’s operator, SNC, holding the remaining 41.9%.
Authorities in Japan arrested two people accused of defrauding an IT firm of around JPY78 million (US$712,000) worth of cryptocurrency.
Japan’s consulting giant Nomura Research Institute has partnered with Intelligence Unit to launch a crypto index covering global U.S. dollar and Yen markets.
While the Bank of Japan had no immediate plans for a CBDC, it was “very important” for the central bank to be prepared should the need arise.
Blockchain is becoming central to so many industries, so much so that a recent study found it to be the most in-demand skill sought by employers in 2020.
Zweispace, known for its work in the real estate technology industry, has devised a Bitcoin-based smart contract structure to handle inheritances.
The Philippines has partnered with Japan in its efforts to build Asia’s crypto valley, focusing on securitization. The development includes an $80M airport.
Yen Point aims to provide the second layer of bitcoin for Japanese commerce, giving access to yen transactions on the BSV blockchain.
The crypto exchange’s largest shareholder learned about the taxes days ago after acquiring a majority stake in the firm, intends on seeking legal redress.
For over a year, bitFlyer customers have been unable to access their BSV assets which were created in a 1:1 ratio to all their BCH holdings after the ledger splitting hard fork in November 2018.
Governor Haruhiko Kuroda said there was no reason to issue a central bank digital currency in the current climate.