Daiko Holdings acquires major stake in Bitgate crypto exchange
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%.
Latest Japan News
Ex-Vipstar exec linked to alleged large scale crypto fraud in Japan
Authorities in Japan arrested two people accused of defrauding an IT firm of around JPY78 million (US$712,000) worth of cryptocurrency.
Nomura launches crypto index for financial institutions
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.
Bank of Japan must be ready on digital currencies: deputy governor
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.
This week in tech: Blockchain tops the list of in-demand skills
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.
Japan’s Zweispace to automate wills with smart inheritance contracts
Zweispace, known for its work in the real estate technology industry, has devised a Bitcoin-based smart contract structure to handle inheritances.
Philippines partners with Japan to build Asia’s crypto valley
The Philippines has partnered with Japan in its efforts to build Asia’s crypto valley, focusing on securitization. The development includes an $80M airport.
The BSV Pitch: Ken Sato of Yen Point
Yen Point aims to provide the second layer of bitcoin for Japanese commerce, giving access to yen transactions on the BSV blockchain.
Crypto exchange Bithumb hit with $68.9M in witholding tax
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.
bitFlyer to force liquidation of customers’ BSV coins
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.
Bank of Japan governor says ‘no public demand’ for central bank crypto
Governor Haruhiko Kuroda said there was no reason to issue a central bank digital currency in the current climate.
Facebook Libra, like other digital currencies, must comply with rules: Bank of Japan
Speaking about Facebook Libra specifically, Bank of Japan Deputy Governor Masayoshi Amamiya said it was important to bear in mind “the potential global user-base could be enormous.”