Tag Archives: japan

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...

A recent survey compiled by the cryptocurrency exchange BitMax indicates that the Japanese are quite fond of Ripple (XRP). Having to choose which their favorite digital asset is, most participants placed XRP close to Bitcoin and well above Ethereum.Japan Adores Ripple (XRP)The popular Japanese exchange posted the survey on Twitter to check among its followers which are their most preferred cryptocurrencies.BitMax Cryptocurrency Survey. Source: BitMaxSomewhat expectedly, the largest...

Bitfury Group, a leading European emerging technologies company, will be teaming up with Nippon Angel Investment Company (NAIC) to launch an infrastructure fund, which will reportedly be the first of its kind in Japan.An Important Step Helping Institutional Investors Get Into CryptocurrenciesThe joint project aims to make cryptocurrency easy to access not only for retail but also for institutional investors.As announced on the company’s twitter account today, the Digital Currency Fund is part...

Sekisui House, one of Japan’s biggest home building firms, is set to use Blockchain technology to ease and simplify the rental process and leasing contracts.First Steps In Using Blockchain As A Fundamental Tool In RentalsAs recently announced by the company, the preparations to put some of its rental home contracts on Blockchain are already on the go.The plan is for Sekisui House to use the technology for rental housing agreements, which will also include additionals like coverage of...

The three largest banks in Japan will set up a study group to examine the benefits of building a common settlement infrastructure for digital payments. Local cryptocurrency exchange DeCurret will organize the group and the meetings, which should take place twice per month.Japan’s Largest Banks Look At Digital CurrenciesAccording to the recent report from the New York Times, the core banks in question behind the study group are Mitsubishi UFJ Financial Group Inc, Mizuho Financial Group Inc,...