Bank of Japan to issue experimental digital yen in 2023
The central bank stated that the pilot would be conducted with a trio of mega banks and regional banks with a keen focus on the issuance and withdrawals of the state-backed digital currency.
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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.
OneCoin scam still alive and promoting in Japan
Despite a global crackdown on the OneCoin scam, the company is still alive and luring investors. It’s scheduled to hold a conference in Japan on Feb 22.
Crypto donations to politicians in Japan ‘not illegal,’ minister says
Sanae Takaichi has confirmed that cryptocurrency donations are legal in Japan, clarifying what had been seen by many as a grey area of crypto and campaign finance laws.
Line crypto exchange Bitmax goes live in Japan
Japan’s messaging and internet company Line has launched Bitmax, its cryptocurrency exchange for the Japanese market.
Bank of Japan considers central bank digital currency
While Bank of Japan has no plans for a CBDC at this time, the bank’s new report points out the additional functions crypto offers beyond traditional payments, as well as the wider implications of more efficient, direct blockchain transactions.
Crypto exchange Huobi Pro to suspend service in Japan
Effective July 2, Huobi Pro is suspending its operations in Japan after failing to be properly registered by the country’s Financial Services Agency.
Philippine bank brings blockchain remittance service to Japan
Explore how a Philippine bank revolutionizes remittances in Japan with blockchain technology.
Coinbase quits Japan after less than two years
The exchange, which opened in Japan less than two years ago, is giving local customers until February 16 to withdraw all assets from platform wallets, including fiat currency.
Japan utilizes NFTs to reward local authorities for exemplary service
Among the award bearer is the mayor of Sakata, Yamagata Prefecture, who proposed using electric cars for deliveries, and the mayor of Maebashi, who suggested using cameras to monitor traffic.
BSV now trading in Japan for the first time ever on Huobi
Huobi's announcement and Bankman-Fried's prediction are a few weeks old now, and today Huobi's BSV launch is landing smack in the middle of one of the digital asset industry's worst price crashes.
Bank of Japan says ‘no single CBDC to dominate global finance’
The Japanese central bank is closely monitoring regional and global counterparts in their progress on CBDCs, according to Kazushige Kamiyama.