G7 countries to launch AI code of conduct: Report
The Group of Seven (G7) countries will agree on a voluntary AI code of conduct for companies developing AI to reference for mitigating risks and benefits of the technology. Go to Source
Japan
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Stocks across Asia and Europe rise on Economic growth indicators
Stocks across the Asia Pacific region marked a second consecutive day of bullish growth as the European stock market reached a three-week high. Go to Source
Japanese yen-backed digital currency, DCJPY, to go live in July 2024
A group of Japanese companies, united behind the DeCurret brand, intends to launch the coin in July 2024. Go to Source
SBI works with UAE’s TradeFinex to set up joint crypto venture in Japan
SBI Holdings will work with UAE firm TradeFinex on a Japanese joint venture aimed at boosting adoption of its enterprise blockchain platform running on the XDC Network. Go to Source
Crypto exchange Binance among firms eyeing new stablecoins in Japan
Binance and Mitsubishi UFJ Trust and Banking Corporation (MUTB) are exploring the issuance of Yen and other foreign currency-denominated stablecoins in Japan. Go to Source
Bitcoin Adoption Fund launched by Japan’s $500B Nomura bank
The Bitcoin Adoption fund will have long-only exposure to Bitcoin and be available to institutional investors. Go to Source
Japan to allow start-ups to raise funds by issuing crypto instead of stocks: Report
According to local media, Nikkei.com, this updated system is specifically applicable to a category of funds known as Investment Business Limited Partnerships (LPS). Go to Source
Japanese regulator seeks to scrap “unrealized gains” tax on crypto
Financial Services Agency has proposed to change the tax code around digital assets in a bid to free domestic firms from the end-of-the-year “unrealized gains” tax on crypto. Go to Source
From the U.S. to Japan, regulators are beginning to embrace crypto
Switzerland, Singapore and the EU have taken the early regulatory lead, but Japan and the UAE are coming on now. Even the U.S. may be awakening. Go to Source
Crypto Biz: Worldcoin plans to open source data, MicroStrategy preps for BTC halving, and more
This week’s Crypto Biz looks at Worldcoin’s expansion plans, GameStop’s exit from crypto, MicroStrategy’s quarterly results and Nomura’s crypto license in Dubai. Go to Source Powered by WPeMatico
