Japan

CEO of Japanese Finance Giant SBI Vests His Crypto Industry Hopes in Ripple and R3

Yoshitaka Kitao, CEO and representative director of Japanese financial services giant SBI Holdings, has singled out Ripple (XRP) and blockchain…

Japan’s Central Bank Examines Central Bank Digital Currencies in New Report

Japan’s central bank has examined the role of central bank digital currencies (CBDCs) in the current monetary system in a…

Japan’s Number Two Bank by Assets Completes R3 Blockchain-Based Trade Finance Trial

Japan’s second-largest bank by assets, Sumitomo Mitsui Banking Corporation (SMBC), has completed a proof-of-concept (PoC) using blockchain consortium R3’s Marco…

Owner of Indeed and Glassdoor Job Search Engines Invests In Privacy Coin Project Beam

Japanese employment information services company Recruit Co., Ltd. has invested in a blockchain-focused company Beam Development Limited, according to an…

Japan Economic Alliance Asks Financial Regulator FSA to Reduce Tax on Crypto

The Japan Association of New Economy (JANE) has asked the Japanese Financial Services Agency (FSA) to reduce the current tax…

Japan’s Biggest Bank Launching Blockchain Payments Network in 2020

Mitsubishi UFJ Financial Group (MUFG) – Japan’s largest financial group and the world’s fifth largest bank by assets – is…

World’s 5th Largest Bank Aims to Debut Blockchain Payment Network in 2020

Japan’s Mitsubishi UFJ Financial Group (MUFG) has officially announced it will launch a new blockchain-based payment system, according to a…

GMO Internet’s Crypto Business Reports $12 Million Loss in 2018

Japanese IT giant GMO Internet has just reported an operating loss of 1.36 billion yen, or about $11.75 million, for…

Japanese IT Giant GMO Confirms Launch of Yen-Backed Stablecoin GYEN in 2019

Japanese IT giant GMO Internet has confirmed that it plans to launch its yen-backed stablecoin GYEN this year, Cointelegraph Japan…

Mt. Gox Creditors Neither Need nor Deserve This Kind of ‘Hero’

Brock Pierce has launched his own bid for the civil rehabilitation of Mt. Gox, promising to pay out all current…

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