Canada, UK, Japan and US release joint CBDC report
They are seeking to identify the principles necessary for any CBDC, to help other central banks around the world to meet their public policy objectives.
Latest Japan News
SBI snaps up Japan’s TaoTao exchange after Binance talks collapsed
In an announcement, TaoTao confirmed it has become a wholly owned subsidiary of the group’s SBI Liquidity Market.
Tokyo court prepares to seize NEM stolen in 2018 Coincheck hack
Dr. Takayoshi Doi was arrested in connection with allegedly buying $46,000 worth of NEM that had been stolen from the exchange.
Japan new financial regulator chief calls for digital yen
Ryozo Himino, incoming head of the Financial Services Agency, has voiced his concern over calls to relax the current digital currency laws.
Bank of Japan top economist to lead digital yen initiative
Kazushige Kamiyama has been appointed to head Bank of Japan’s payments and settlement department.
Digital yen ‘now top priority’ for Bank of Japan
Bank of Japan has been experimenting with a central bank digital currency, although it is yet to officially develop a digital currency.
Japan steps up interest in CBDC, includes it in official economic plan
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.
Japan central bank explores offline CBDC payments
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’s blockchain industry grows by 30% in 2020
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.
Study group formed in Japan to review digital currency settlement
The group was founded by DeCurret exchange, and includes representatives from three of Japan’s megabanks.
Japan FSA issues fresh warning vs investment advice from unregistered firms
It has come to the FSA’s attention that some financial service providers located overseas were attempting to service Japanese customers.
Coincheck exchange pauses remittances following data breach
Coincheck confirmed that a third party was able to fraudulently obtain user’s email addresses and personal data.