Mitsubishi Electric has teamed up with researchers from the prestigious Japanese university, Tokyo Tech, to jointly design a blockchain-based trading system that can support more flexible, peer-to-peer energy trading. Announced…
Continue ReadingCentral Bank Digital Currencies (CBDCs) have been an integral part of progressive discussions within the cryptocurrency community. CBDCs are virtual representations of the fiat currency of a particular country. They…
Continue ReadingMt. Gox’s trustee, Nobuaki Kobayashi, has asked creditors of the defunct crypto exchange to register on a new online system so that they might receive their refunds and be able…
Continue ReadingSoftbank Corp, the telecommunications arm of Japanese conglomerate Softbank Group, has confirmed its membership of the Japanese Security Token Association. The company now joins other firms such as Mitsui Trust…
Continue ReadingAs the use of cryptocurrencies continues to spread around the world, a number of countries have established themselves as leaders in adoption. COVID-19 has dominated 2020, and the effects of…
Continue ReadingIn 2020, the Japanese crypto industry seems to have entered its maturation phase. With new crypto laws established in May, large exchanges have solidified their leading positions, while crypto startups…
Continue ReadingAs XRP continues to plummet in value due to Ripple’s turmoil with the U.S. Securities and Exchange Commission (SEC), the token seems to find some support in Japan, as crypto…
Continue ReadingNew York has given the first authorization to a stablecoin backed by the Japanese Yen to operate in the U.S. Per a Dec. 29 announcement, the New York Department of…
Continue ReadingIt has been a blazing start to a new decade, with 13% more large, uncontrolled wildfires around the world this year compared with 2019. This has spelled dire consequences for…
Continue Reading2020’s Crypto Performances: The Biggest Token Losers and This Year’s Top-Performing Cryptocurrencies Digital currency markets have climbed significantly in value all year long, despite the gloomy global economy and the…
Continue ReadingJapanese financial giant SBI has completed another cryptocurrency-related acquisition in a move to bring more adoption to the industry. SBI Financial Services, a subsidiary of SBI Holdings, has acquired a…
Continue ReadingOn Dec. 15, Mt. Gox’s trustee Nobuaki Kobayashi filed a draft rehabilitation plan to refund Mt. Gox users. According to an official announcement posted on Mt. Gox website, the Tokyo…
Continue ReadingSwitzerland’s principal stock exchange, SIX Swiss Exchange, and Japanese financial giant SBI Holdings have announced a joint cryptocurrency-related venture. According to a Dec. 8 announcement, the firms’ digital asset-related subsidiaries,…
Continue ReadingDigital asset regulation has been a hot topic in 2020 and shows no signs of cooling. A recent G7 meeting concluded that the sector faces an ongoing need for regulation. …
Continue ReadingA Japanese city is turning to blockchain technology to allow residents to vote online in local elections. According to an announcement on Thursday, Tokyo-based blockchain firm LayerX and digital ID…
Continue ReadingJapanese firm Layer X will be partnering with a digital identity application called xID to build a blockchain-based voting system in the Japanese city of Kaga. In a Thursday announcement…
Continue ReadingAs Ripple reportedly prepares to relocate its headquarters outside of the United States, it turns out that only 5% of the company’s clients are based in the country, according to…
Continue ReadingThe chief executive of Monex Group, a financial services firm based in Tokyo, believes central bank digital currencies (CBDCs) would be a boon for the cryptocurrency market. As reported by…
Continue ReadingEarlier this fall, the Bank of Japan announced its plans to begin testing a central bank digital currency proof-of-concept in 2021. Further details of the institution’s approach to development and…
Continue ReadingJapanese financial giant SBI Group is introducing a cryptocurrency lending service through its crypto-related subsidiary, SBI VC Trade. According to an official announcement on Nov. 24, the new crypto lending…
Continue ReadingPRESS RELEASE. Bitcoin.com, the go-to web portal for everything bitcoin, announced it reached a cooperation agreement with Japanese media CoinOtaku. A subsidiary of Beat Holdings Limited, CoinOtaku (CoinPartner) has over…
Continue ReadingWhile the ongoing cryptocurrency bull run is boosting crypto adoption, some billionaire investors still find Bitcoin (BTC) to be something of a distraction. Masayoshi Son, a billionaire technology entrepreneur and CEO…
Continue ReadingMitsubishi UFJ Financial Group (MUFG), one of the largest banking institutions in Japan, is set to launch its high-speed blockchain payment network with the U.S.-based tech firm Akamai in 2021. …
Continue ReadingJapan‘s three largest banks, as part of a group of 30 private sector actors, are set to collaborate on an experiment with a digital yen. The group consists of banks,…
Continue ReadingThe leader in blockchain news, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent…
Continue ReadingHiromi Yamaoka, former head of the payment and settlement systems department at the Bank of Japan, said that the country will likely need several years before it can issue a…
Continue ReadingBlockchain platform ShareRing is integrating with Rakuten Travel Xchange, an online travel booking subsidiary of Japanese e-commerce giant Rakuten. The integration will mean Rakuten Travel Xchange customers can opt to…
Continue ReadingJapanese Gaming Giant Capcom, creator of popular games like Resident Evil and Street Fighter, fell victim to a ransomware in early November, with attackers allegedly demanding $11 million in bitcoin…
Continue ReadingFollowing two years of pilot testing, a blockchain trade and financing platform for global agricultural trading has seen its commercial rollout from Swiss developer Cerealia SA. The launch follows extensive…
Continue ReadingJapanese firm Layer X has announced the development of an electronic voting system based on a blockchain protocol as part of a wider “smart city” initiative being pursued by Tsukuba…
Continue ReadingJapanese financial giant SBI Holdings CEO Yoshitaka Kitao said that Japan is the most likely country Ripple will relocate to, should it leave the United States. At an Oct. 28…
Continue ReadingThe IOTA Foundation, a non-profit organization behind the IOTA blockchain, is collaborating with Japan’s government on a project targeting industrial infrastructure. The foundation has partnered on a project initiated by…
Continue ReadingDBS, Singapore’s largest retail and commercial bank, seems to be entering the cryptocurrency space with three new offerings. According to information seen by Cointelegrpah, DBS is launching cryptocurrency trading and…
Continue ReadingAccording to an Oct. 26 report by Japanese news agency The Nikkei, seven Japanese companies are preparing to invest in a new trade data management system. Reportedly developed by NTT…
Continue ReadingToyota Systems, the IT arm of Toyota Motor Corporation, is collaborating with Japanese cryptocurrency exchange DeCurret to develop a branded Toyota digital currency, according to an official announcement on Oct.…
Continue ReadingA Japanese professional soccer player is launching his own cryptocurrency to boost fan engagement. Keisuke Honda, former Japan midfielder and currently a captain of the Brazilian professional league team Botafogo,…
Continue ReadingMajor U.S.-based cryptocurrency exchange Kraken has launched funding and crypto trading services in Japan, furthering its expansion into the Asia-Pacific (APAC) region. On Oct. 22, the exchange announced it had…
Continue ReadingLine, a Tokyo-based subsidiary of the South Korean internet search engine company Naver, is building a platform for developing central bank digital currencies, South Korean news agency the Chosun Ilbo…
Continue ReadingMajor financial institutions in Japan are moving into blockchain to streamline digital identity systems. Japan’s third-largest bank, Mizuho Bank, and local payment giant JCB are preparing to pilot a digital…
Continue ReadingThere appears to be a disagreement within the top echelons of Japan’s government on the threat that China’s CBDC poses to the nation. Just last week, Kenji Okamura, vice-finance minister…
Continue Reading