Tag Archives: japan

Ripple has expressed dissatisfaction over the regulatory uncertainty surrounding cryptocurrencies in the United States. Apart from this, the San Francisco-based firm has also decided to act. By moving out of its home turf. But where will Ripple move next? Here are the relocation options. Ripple’s Asia Options: Japan, Singapore & the United Arab Emirates When Ripple’s co-founder and Executive Chairman Chris Larsen threatened to move out of the United States over the...

The Japanese financial services group SBI Holdings is not playing on easy mode when it comes to e-Sports. Not only it is investing heavily on its team, but SBI also hopes to take advantage of the opportunity to boost the growth of the crypto-verse. To strengthen its presence in the gaming scene, SBI e-Sports – the professional e-Sports team sponsored by the financial giant – announced the recruitment of two top gamers: Subaru Sagano, AKA Mickey; and Kenji Suzuki, AKA Ken. Ken...

Top Japanese financial bureaucrat Ryozo Himino thinks that promoting cryptocurrency trading will not necessarily accelerate technological innovation. Rather it will spark increased speculative trading, the regulator said. Himono has, therefore, cautioned against the same.Deregulating Bitcoin & Cryptocurrencies Will Fuel’ Speculative Trading’As per a Reuters article, the Japanese Financial Services Agency boss has shared fresh thoughts regarding his stance on crypto trading practices in...

Anthony Ghosn, the son of former Nissan boss Carlos Ghosn, revealed to prosecutors that he paid about $500,000 in cryptocurrency to one of the two men who helped Carlos break free from Japan.Carlos Ghosn’s Son Transferred Half a Million in Cryptocurrency Through CoinbaseAccording to Reuters, US prosecutors said in a court filing that Carlos Ghosn’s son paid about half a million dollars to one of the Massachusetts men responsible for the escape of the former Nissan chairman.At the end of last...

The CBDC race is about to heat up again with nations across Asia leading the way in crypto research. Japan is the latest to accelerate progress, joining China and Thailand, which are already well underway with their respective digital currencies.Japan Forms Crypto Research TeamThe Bank of Japan (BoJ) stated on Monday that it has started with the formation of a ‘Digital Currency Group, ’ which will operate under the umbrella of the Payment and Settlement Systems Department. The primary goal of...

People holding cryptocurrency in exchanges based in Japan apparently increased their holdings of bitcoin, Ethereum and Ripple over the past few months. BTC, ETH and XRP are the three largest cryptocurrencies in the industry by market cap.Japan Is Still a Major Crypto HubThe surge in holdings appears to stem from the spread of the coronavirus, which has led to the shuttering of the global economy and the ravaging of global financial tools. The virus first began to spread in late 2019, but by...

Super schnell, super aufgeräumt und erst noch Werbefrei: Der Brave Browser. Dar Startscreen zeigt die Anzahl geblockte Ads sowie Uhrzeit und die am häufigst besuchten Webseiten an. Die japanische Top-Exchange BitFlyer und der Brave Browser kooperieren. Wurde Braves Basic Attention Token bereits seit April dieses Jahres bei BitFlyer gelistet, ist die Zusammenarbeit nun...

An unknown cybercriminal group from Eastern Europe has stolen nearly $200 million from cryptocurrency exchanges based primarily in the US, Japan, and Israel, a report revealed.Eastern European Hackers Group Steals $200MAccording to the report citing the research compiled by the cybersecurity firm ClearSky, the unknown group – referred to as “CryptoCore” – has frequently been hacking digital asset exchanges since mid-2018 to present day.The research outlined that the continuous rise of digital...

Nomura Holdings, one of Japan’s largest financial companies, has launched a Bitcoin custodial service for traditional investors through a joint venture with hardware wallet provider Ledger and investment company CoinShares.Digital Asset Custody Solution For InstitutionsThe partners have been working together to develop the digital asset custodian dubbed Komainu since 2018, and it was officially launched on Wednesday. The venture describes itself as the first regulated digital assets custody...

A local report indicated that Tokyo Electrical Energy Firm Holdings Inc (TEPCO) has partnered with the Japanese trading company Itochu Corp, to develop a blockchain-based platform to trade surplus of electricity between households.Blockchain-based Trading Platform For ElectricityAccording to the Nikkei, TEPCO and Itochu signed the partnership to utilize blockchain technology for the upcoming product. The two organizations began initial development stages for the innovative trading platform...