Japan

Japanese regulator issued warning to teenagers who will soon be able to buy crypto

Japanese regulator issued warning to teenagers who will soon be able to buy crypto

After new legislation is set to effectively lower the crypto age of consent to 18, Japan’s top financial regulator. The Financial Services Agency (FSA), has issued a warning to younger citizens about the potential risks associated with crypto investment. In 2018, the Japanese Diet approved a legal amendment to the country’s Civil Code that lowers […]

Japanese bank Sumitomo Mitsui

Sumitomo Mitsui, a Japanese bank, has launched the country’s first ‘a-1’ rated security token

Sumitomo Mitsui Trust Bank, or SMTB, a Japanese bank, launched its first asset-backed securities token on March 29 in collaboration with Securitize. The instrument is the first security token to enter the Japanese market that complies with the Financial Instruments. And Exchange Act (FIEA). In addition, Rating and Investment Information, Inc, a Japanese rating agency. […]

e-voting, blockchain

Japanese firm Layer X Labs develops an e-voting protocol based on Blockchain

As part of a broader “smart city” initiative being pursued by Tsukuba City. Japanese firm Layer X has announced the development of an electronic voting system based on a blockchain protocol. The Tokyo-based company stated that the new system would satisfy the technical needs of the electronic voting system. Including the prevention of double voting, […]

esports

Japanese esports company to pay XRP to its players.

SBI esports, a subsidiary of the Japanese financial services conglomerate SBI Group, announced that, as part of a sponsorship deal with venture capital firm, VC Trade, its esports players would receive salaries in Ripple (XRP). In order to strengthen the company’s presence among eSports players who also use digital currencies. Player salaries will be paid […]

COVID

Japan ‘s Finance Minister: Blockchain Can Help to Combat COVID

Japanese finance minister Taro Aso suggested that blockchain would be key. To the world’s battle against the coronavirus pandemic since the technology can be used to track contacts while ensuring privacy. Aso gave the opening remarks in Tokyo on 24 Aug. for the Blockchain Global Governance Conference. Also is known as the FIN / SUM […]

The Number of Active Crypto Traders in Japan Decreased in March

Before the state of emergency was formally declared slowing the pandemic spread in Japan. Total crypto-exchange activity decreased as fiat deposits peaked. The number of active crypto accounts registered in the country decreased from 2.048.501 in February to 2.044.806 in March. According to data published by the Japan Virtual and Crypto Asset Exchange Association (JVCEA) […]

Japan’s Top Credit Card Issuer Building Blockchain Payment System

JCB, Japan’s biggest credit card issuer, has collaborated with technology accelerator TECHFUND to create a secure transaction platform on the blockchain. The collaboration will leverage TECHFUND ‘s expertise on security token offerings (STOs) and staking to build a new transaction platform, according to a statement released by JCB on May 15. TECHFUND, which also located […]

Japanese Ad Giant Uses Blockchain to Boost Content Creators

Japanese Ad Giant Uses Blockchain to Boost Content Creators

One of Japan’s largest advertising firms is finding it easier to accept content creators as a business force on common devices. Even though they use proprietary material in their work. Dentsu has collaborated with Kadokawa Ascii research laboratories and others to launch Proof of Concept (POC). For rewards to independent content creators using blockchain technology, […]