Liquid Global, a cryptocurrency exchange with headquarters in Japan that was formerly owned by the bankrupt exchange FTX, stopped all trading after being “instructed” to do so by the bankruptcy attorney’s office. Trading Stopped Indefinitely A tweet from Liquid Global’s…
Japan Credit Bureau to Test CBDC for Payment Settlement
Japan Credit Bureau (JCB) has introduced its digital currency before Japan issues a CBDC. CBDC Tested Using Current Payments Infrastructure According to JCB’s projection, the adoption of CBDCs may be constrained in the future if older people and small children…
North Korea’s Lazarus Responsible For Major Crypto Hacks In Japan
Japan’s national police have identified the entity responsible for several years’ worth of cyberattacks, including cryptography, as Lazarus, a North Korean hacking ring. Japan Issues Crypto Hack PSA On October 14, the National Police Agency (NPA) and Financial Services Agency…
Japan Follows China’s Footsteps by Preparing for Digital Currency
Japan is getting ready to unveil its digital currency on both the public and private sectors. Japan’s moves follow in the footsteps of China and other jurisdictions that have made similar moves in the recent past. The Chinese have been…
Former BOJ head: Japanese CBDC Years away
Japan will need several years before it can put in place a Central Bank Digital Currency (CBDC) according to a top Bank of Japan official. Japan’s long potential weight would be caused by a fear that the introduction of such…
Seven Giant Japanese companies invest in Blockchain data management system
According to a report by Japanese news outlet Nikkei, seven Japanese companies are looking at investing in a new trade management data system. The platform which has been developed by NTT Data makes use of Blockchain technology to keep out…
Legal Loophole makes Political Crypto Donations legal in Japan
A Japanese minister has confirmed that crypto donations are perfectly legal in the country due to a classification loophole. According to a Reuters report, Japanese minister of internal affairs and communication Sanae Takaichi confirmed that new found legality of crypto…
Amaten, the Japanese gift card exchange platform is adopting a gift card blockchain solution
Amaten, the largest gift card exchange platform in Japan is adopting a gift card blockchain solution. Amaten is working with aelf, a blockchain technology solution provider, and the partnership could transform the gift card industry in Japan. This development is…
SBI announces that 13 Top Banks are about to join the Ripple Ecosystem
SBI holdings- an entity that solidly backs ripple- just announced a new app known as moneyTap. This app will be focusing on cashless payments for small transfers. The SBI group is sometimes referred to as strategic business innovator group, and…
Japan’s Financial Watchdog Grants Rakuten License for New Crypto Exchange
Japan’s top financial watchdog has reportedly granted a license to a crypto exchange that is being launched by Rakuten. Rakuten is an E-commerce giant that you’ve probably seen on Barcelona jerseys, if you follow Spanish soccer. That partnership with FC…