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Globant, a Luxembourg-based tech giant with Argentine origins, has referred to the short-term future of the metaverse in its latest Tech Trends report. According to the company, this year the metaverse will “burn bright or burn out,” as it needs to show its potential when compared to other trendsetting tech like artificial intelligence. Metaverse at … Read more
“We are very sorry for the concern and inconvenience caused to our customers due to the suspension of our services,” the exchange wrote. Go to Source Powered by WPeMatico
FTX Japan Holdings, FTX Japan, and FTX Japan Services were three of FTX’s 134 subsidiaries caught up in the firm’s Chapter 11 bankruptcy filing in the United States. Go to Source Powered by WPeMatico
The Bank decided to launch a pilot program for “digital yen” in April, after finishing its Proof of Concept testing, that has begun in 2021. Go to Source Powered by WPeMatico
Despite the minting of $50 million in TUSD, Zhao previously said the regulatory crackdown on stablecoins in the U.S. will cause the USD-back stablecoin market to “shrink.” Go to Source Powered by WPeMatico
Fumio Kishida said there were “various possibilities for using Web3” in Japan and has previously supported blockchain-based initiatives for authorities using digital solutions. Go to Source Powered by WPeMatico
The metaverse is making inroads in job recruiting fronts in Japan. According to local reports, a mega metaverse job fair was organized on Jan. 27, with more than 2,000 students taking part in the experience. The students used avatars to communicate and review the job previews available in different booths controlled by several companies. Japan … Read more
Ripple CEO Brad Garlinghouse said the firm’s XRP lawsuit could come to an end within “single-digit months.” Go to Source Powered by WPeMatico
Japan has reportedly urged other countries, including the U.S., to regulate crypto exchanges like they do banks. A top official at the Financial Services Agency explained that the recent FTX implosion wasn’t brought on by crypto technology but by “loose governance, lax internal controls, and the absence of regulation and supervision.” Bank-Level Cryptocurrency Regulations Japan’s … Read more
Coinbase crypto exchange originally started planning its Japanese expansion during a bear market of 2018. Go to Source Powered by WPeMatico