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Japan

Bank of Japan issues latest report on ‘digital yen’ CBDC investigation
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2 May, 2024

Bank of Japan issues latest report on ‘digital yen’ CBDC investigation

A regular update published this month by the Bank of Japan's Payment Services Department looks at what additional functions a...
OpenAI opens office in Japan amid heightened scrutiny from EU regulators
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25 April, 2024

OpenAI opens office in Japan amid heightened scrutiny from EU regulators

Tadao Nagasaki will be the president of OpenAI Japan, and the AI firm has confirmed a massive hiring spree in...
India, Japan associations ink deal to grow Web3 ecosystem
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25 April, 2024

India, Japan associations ink deal to grow Web3 ecosystem

Under the MOU, BWA and JADA will explore opportunities in Web3 technologies and craft use cases and policies that will...
Japanese companies push for stricter AI regulation to prevent social order collapse
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13 April, 2024

Japanese companies push for stricter AI regulation to prevent social order collapse

In a joint manifesto, Nippon Telegraph and Telephone (NTT) and Yomiuri Shimbun Group note that rapid AI innovation could trigger...
Sony Bank explores yen-pegged stablecoin
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12 April, 2024

Sony Bank explores yen-pegged stablecoin

Sony Bank is working with Belgian startup SettleMint on a proof-of-concept, with the stablecoin set to be used in other...
Hokkoku Bank launches Japan’s first stablecoin backed by bank deposits
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4 April, 2024

Hokkoku Bank launches Japan’s first stablecoin backed by bank deposits

Japan’s Hokkoku Bank will use a digital app it launched in 2023 to facilitate stablecoin payments as it eyes the...
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