japanese – DIGIT INFO

What Web3 Games Need to Do to Break into the Japanese Market – IVC Partner Ann Chien

DIGIT — Sun, 01 Sep 2024 15:16:08 +0000

IVC is a Web3 venture capital fund backed by leading Japanese gaming studios. They focus on Web3 gaming, digital entertainment, AI, DeFi, and infrastructure, and have invested in over 200 projects. They also host Japan’s largest Web3 conference, IVS Crypto, which attracts over 12,000 attendees annually. Ann Chien serves as a Partner at IVC. She […]

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Bitcoin’s ‘most interesting monthly candle’ emerges, but don’t celebrate yet

DIGIT — Tue, 27 Aug 2024 06:08:32 +0000

Bitcoin’s monthly candlestick pattern could indicate where markets are going next, according to analysts.

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Kraken quits Japan for second time blaming a ‘weak crypto market’

DIGIT — Wed, 28 Dec 2022 05:34:50 +0000

The crypto exchange said it will deregister from Japan’s Financial Services Agency as a Crypto Asset Exchange Operator from Jan. 31, 2023.

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Leading Japanese Online Broker SBI to Pull Out of Russia’s Crypto Mining Sector

DIGIT — Sat, 20 Aug 2022 22:30:03 +0000

SBI Holdings, the largest online brokerage in Japan, is shutting down its crypto mining business in the Russian Federation. Amid mounting uncertainty over the future of such investments due to the ongoing conflict in Ukraine, as well as decreased mining profits, the financial firm said it plans to sell its equipment and withdraw. Japan’s SBI […]

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US Asks Japan to Pressure Crypto Exchanges, Miners Working With Russia, Report Unveils

DIGIT — Sat, 09 Jul 2022 06:00:44 +0000

U.S. diplomats have reportedly called on authorities in Tokyo to increase pressure on Japanese crypto exchanges and miners to sever links to Russia. The request was made to deepen Moscow’s financial isolation amid the ongoing Russian assault on Ukraine. Washington Wants Japan’s Crypto Companies to Cut Ties, Further Isolate Russia The United States has urged […]

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Japan Adopts Legislation Establishing Legal Framework for Stablecoins

DIGIT — Fri, 03 Jun 2022 21:30:29 +0000

The parliament of Japan has approved a draft law tailored to regulate stablecoins in the country and protect investors. The new legislation is among the first to be introduced after the recent collapse of the algorithmic stablecoin terrausd. Law on Stablecoins Approved in Japan in Aftermath of UST Collapse Lawmakers in Japan have passed a […]

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Japan Considers Stricter Crypto Regulations in Light of Russia Sanctions

DIGIT — Fri, 01 Apr 2022 08:00:07 +0000

Authorities in Japan are planning to introduce tougher new rules for crypto operators as part of efforts to prevent Russia from using cryptocurrencies to evade sanctions. The legislative initiative comes after Tokyo asked digital asset exchanges to strengthen transactions monitoring this month. Government of Japan to Close Loopholes for Russians in Crypto Space Amid concerns […]

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Japan to Propose Restricting Stablecoin Issuers to Banks and Wire Transfer Companies

DIGIT — Tue, 07 Dec 2021 02:30:56 +0000

Japan’s top financial regulator, the Financial Services Agency (FSA), is reportedly planning to propose legislation to restrict stablecoin issuance to banks and wire transfer companies. Crypto service providers involved in stablecoin transactions, including wallets, will also be brought under the financial regulator’s oversight. Japan to Tighten Stablecoin Regulation Japan’s Financial Services Agency (FSA) is planning […]

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Laos to Study Digital Currency With Help From Japanese Fintech, Report Reveals

DIGIT — Sun, 03 Oct 2021 21:00:25 +0000

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 […]

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Japanese Ruling Party Official Says Digital Yen Clarity Will Be Revealed in 2022

DIGIT — Tue, 06 Jul 2021 09:50:31 +0000

While the U.S. ramps up discussions of a digital dollar and China’s central bank digital currency (CBDC) draws near, Japan’s CBDC, otherwise known as the digital yen, is getting closer to its realization as well. Japan’s ruling Liberal Democratic Party member, Hideki Murai, explained in a recent interview this week that more clarity on the […]

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