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Mt Gox claimants may see restitution soon as a recent filing from the Tokyo District Court’s trustee Nobuaki Kobayashi explains that the rehabilitation plan is now “final and binding.” The document published on Tuesday notes that an announcement will follow that discloses the “details of the specific timing, procedures, and amount of such repayments.” Mt … Read more
Nobuaki Kobayashi implied in October the “final and binding” ruling was the last major hurdle in the compensation process, hinting users who filed claims could receive the funds fairly quickly. Go to Source Powered by WPeMatico
Circle’s Asia plans include a regional headquarters in Singapore, a new venture arm and investment in Japanese yen stablecoin efforts. Go to Source Powered by WPeMatico
Nobuaki Kobayashi said distribution of the Mt. Gox assets likely wouldn’t begin for at least a month, once the rehabilitation plan became “final and binding.” Go to Source Powered by WPeMatico
Governments in Asia are quickly researching or implementing CBDCs. What does this mean for the region’s overdependence on the U.S. dollar? Go to Source Powered by WPeMatico
The Bank of Japan is keen to ensure seamless integration of its central bank digital currency with the existing payment architecture. Go to Source Powered by WPeMatico
“I just want my coins back. I’m tired of how long and drawn out it is,” said one user claiming to be one of the 24,000 Mt. Gox creditors. Go to Source Powered by WPeMatico
Pending Liquid transactions had been queued in the mempool for roughly 22 hours after the network reported an issue which caused “block signer nodes failing to validate certain parameters against each other.” Go to Source Powered by WPeMatico
The central bank of Laos intends to explore issuing its own digital currency, according to a media report that provided details on the plan. A study on the matter will commence soon and will be conducted with the support of a fintech startup based in Japan. Central Bank of Laos Joins Race to Develop Digital … Read more
Cooperation between public and private sectors would be vital for a global CBDC system, says a new joint report. Go to Source Powered by WPeMatico