Japan

EY Japan to fight counterfeit sake with blockchain

EY Japan to Fight Fraudulent Sale of Fruit & Sake with Blockchain in Asia

Japan-based global accountancy firm Ernst & Young has announced its plans to launch an ideal blockchain system for tracking and tracing Japanese fruit & sake. It ensures the prevention of fraudulent products’ sales in the Asian country. As per Asian Nikkei Review, SAKE Blockchain by EY Japan will soon be rolled out across Asia once […]

pantera capital

Japanese Marketing Firm Invests in Pantera Capital Crypto Fund

Ceres, a marketing firm based in Japan, has just become the latest investor in the San Francisco-based blockchain and cryptocurrency hedge fund Pantera Capital. On Feb 28, Ceres announced on its website that they were supplying Pantera an undisclosed amount of yen towards the group’s third crypto fund. As the first Bitcoin fund in the […]

crypto exchange coinbase registers as second class member with JVCEA

Crypto Exchange Coinbase Registers as 2nd-Class Member with JVCEA

The Japan Virtual Currency Exchange Association (JVCEA) – the official self-regulatory organization for the crypto industry in Japan – announced on 2nd March 2020 that three additional companies have just registered as second-class members. Coinbase, Digital Asset Markets, and the Tokyo Hash have registered as reported by the JVCEA. Second-class members with the agency can […]

Coincheck to add Qtum soon for trading on the exchange

Coincheck Announces Qtum Soon Available for Trading

Japan may be on its way to creating the state-issued digital currency, but local companies in the world’s third-largest economy can still innovate and provide some healthy competition. Coincheck, the crypto exchange based in the Asian nation, currently handles trading, selling and buying for eleven cryptocurrencies. They announced on Feb 25 that they were planning […]

Japan's research on central bank digital currency advances

Japan the Next Country to Mint a Central Bank Digital Currency

With finance ministers and central bank governors have recently discussed cryptocurrency regulations at the G-20 summit, Japan is taking notice at home. Leaders at the Bank of Japan (BOJ), Ministry of Finance (MOF), and financial Services Agency (FSA) have held a number of meetings to determine whether the country should become next in line to […]

japanese official calls for urgent development of digital yen

Japanese Official Calls for Urgent Development of Digital Yen

Another Japanese lawmaker has publicly called for the swift development of the digital yen. The head of the banking and finance systems research commission at Japan’s Liberal Democratic Party, Kozo Yamamoto, said that the country should create a digital yen in two-to-three years. As per the report by Reuters, Yamamoto said Japan should plan for […]

Japan's national cryptocurrency

Japan Plans to Release Its Own National Cryptocurrency

Japan plans to release its own cryptocurrency following the announcement of China’s launch of the digital Yuan. China started planning its digital Yuan project known as DCEP after Facebook announces its intentions to release Libra. At the moment, China is close to releasing the digital version of its national currency Yuan and Japan is following […]

bank of england

Bank of England to Explore Potential Use Cases of Digital Currencies

The Bank of England on January 21st, 2020, has officially announced that it will be exploring the use cases of central bank digital currencies (CBDC). However, the bank will work with a group of other central banks from around the globe. Moreover, each bank will share their learnings to educate each other on the potential […]

simplex

Israeli-based Fintech & Cryptocurrency Firm Simplex Now Supports JPY & CAD

Despite the biggest declines in six months, Israeli-based fintech & cryptocurrency firm Simplex now supports two new fiat currencies – JPY & CAD. With this move, the Binance’s partner now allows its users to buy crypto with a credit card using the Japanese Yen and the Canadian Dollar. However, not all Simplex’s partner exchanges will […]

built-in cryptocurrency wallet by softbank

Debit Card with Built-in Cryptocurrency Wallet by SoftBank

Debit card with a built-in cryptocurrency wallet? Do you think it’s possible? If not, have your eyeballs on this news because Japan-based multinational conglomerate holding company headquartered in Tokyo; SoftBank made it possible. The recent press release announced by SoftBank clearly states that it has developed a debit card with a built-in cryptocurrency wallet. But […]