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.
The group was founded by DeCurret exchange, and includes representatives from three of Japan’s megabanks.
Bithumb, a cryptocurrency exchange based in South Korea, is already working to obtain regulatory approvals from Thailand's Securities and Exchange Commission to set up an exchange in the country, according to reports.
Japan is dead set on lifting the ban on stablecoins, with authorities gathering feedback on easing restrictions, opening a pathway for seamless stablecoin trading.
Huobi Japan is set to list Bitcoin SV on its platform in a few weeks’ time, making it much easier for residents in Japan to acquire and trade BSV.
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 amount stolen this year was substantially larger than the equivalent figure recorded in 2017, with JPY60 billion stolen so far across 158 separate thefts in Japan alone.
The Financial Services Agency has introduced five new rules that apply to both existing cryptocurrency exchanges, as well as those that plan to enter the space.
The company is set to buy a 40% stake in BitARG Exchange Tokyo, in a move that would see Yahoo Japan embark on the initial development stages of a new exchange, to be developed on existing BitARG technology.
Bitcoin Core (BTC) has become ineffective for payments, due to slow processing times and high transaction fees, relative to other Bitcoin payment solutions, such as Bitcoin SV.
Japanese financial services giant SBI Group has teamed up with blockchain security startup Sepior to create a “secure online wallet” for its recently launched cryptocurrency exchange.
A government panel tasked with drafting rules on artificial intelligence (AI) in Japan wants companies to have measures to prevent AI overreliance in what could impact global AI regulations.
Japan has reportedly begun to work on a new international SWIFT-like network for the crypto industry, minus the serious delivery times and high fees seen with the fiat alternative.