NFTs in games
There are two benefits to using non-fungible tokens in a game: First, it allows for more play-to-earn models, and second, it allows for potential persistence of virtual assets.
Latest Japan News
The CoinGeek Pulse Episode 83: Axie Infinity’s Ronin $625M heist, blockchain industry updates in Asia and the latest NFT drops
Ronin Bridge, the Ethereum sidechain used by popular NFT game Axie Infinity, lost over $600 million in what appears to be one of the largest digital currency heists in the world.
Bank of Japan begins second phase of CBDC testing
The BOJ completed the first phase, which started in April last year, in which it focused on the basic functions of a CBDC, such as issuing and distribution.
Japan to revise digital asset exchange laws to plug Russia’s sanction evasion loophole
Top government officials have pledged to revise the Foreign Exchange and Foreign Trade Act to ensure Russia doesn’t get a loophole to evade sanctions.
Mt. Gox gives former customers a token of appreciation (but still no money)
Former CEO Mark Karpeles tweeted that a "commemorative NFT" would be available to anyone who could prove they were a Mt. Gox customer before it went out of business in 2014.
Japan’s largest bank winds down blockchain payments system over slow growth
The Mitsubishi UFJ Group announced the end of its Global Open Network, saying that it failed to live up to expectations with COVID-19 stunting its growth.
Japan Exchange Group warns against impostors targeting Bitcoin traders
The Japan Exchange Group says it has received reports of an ongoing attempt to defraud investors by scammers who pose as subsidiaries of the stock trading behemoth.
NFT craze similar to ICOs, Jon Southurst tells Women of BSV
Jon Southurst switched sides of the table as Women of BSV interviewed him on their show to discuss his background, experience, and thoughts about Bitcoin SV, blockchain, and more.
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.
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.