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.
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.
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.
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, 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.
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.
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.
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 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.
The regulations are expected to be brought in before summer next year, with a view to provide greater consumers and investors protection.
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.