Japan

XDC price rallies 28% as exchange enters Japan

0xMain
June 1, 2023

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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Crypto exchange XDC Network partnered with Tokyo-based financial holding company SBI to expand to Japan. Its native token surged 28% amid the news. SBI’s crypto exchange branch, previously known...

Bank of Japan advances CBDC program, following successful tests

0xMain
May 29, 2023

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The Bank of Japan (BOJ) has completed the second stage of its CBDC experimentation and is now moving forward with its pilot project. The Bank of Japan (BOJ) has successfully wrapped up the second phase of its study into the possibilities of a...

Binance launches compliant platform for users in Japan

0xMain
May 28, 2023

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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Binance, the world’s leading crypto exchange in market capital, is switching to a new platform explicitly tailored for customers in Japan to comply with local regulations. The said transition...

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Japan to impose stricter crypto AML measures from June

0xMain
May 23, 2023

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Japan’s Cabinet has implemented stricter anti-money laundering measures to align its legal framework with global standards, explicitly targeting cryptocurrency asset transactions. The new measures, set to be enforced from June 1, were introduced after the Financial Action Task Force, an international financial watchdog,...

North Korean hacking groups stole $721m in crypto from Japan

0xMain
May 16, 2023

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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied North Korean bad actors and hacking groups have stolen a total of $721 million worth of bitcoin (BTC) and other cryptocurrencies from Japan since the crypto summer of 2017....

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Binance Japan to launch late June 2023

0xMain
April 28, 2023

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Based on incoming reports, Sakura Exchange Bitcoin Company (SEBC) announced plans to launch a new service, Binance Japan, after June 23. The Provisional Binance Japan service will replace SEBC’s current exchange services, which will close by May 31. The SEBC release dated April...

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Bank of Japan prepares for digital yen pilot program

0xMain
March 28, 2023

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The Bank of Japan has announced its readiness to explore the issuance of a central bank digital currency (CBDC) through a pilot program launching in April, joining the global race to establish secure digital payment systems. The Bank of Japan has announced its...

Alibaba Cloud to launch blockchain lab for game devs in Japan

0xMain
March 27, 2023

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Alibaba Cloud, a leading global cloud computing corporation and a subsidiary of Alibaba Group, has revealed its intentions to establish a blockchain laboratory in Shibuya, Japan this April. According to an official announcement, the laboratory aims to strengthen game development for Japanese developers...

Japans 1 Trillion Crypto Market May Ease Onerous Listing Rules

Japan calls for treating crypto like traditional banks

0xMain
January 17, 2023

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While advocating for more regulations for the crypto sector in Japan, the Japanese financial regulators have also called to regulate cryptocurrency in the same manner as banking. Mamoru Yanase, the deputy director-general of the Strategy Development and Management Bureau of the Financial Services Agency,...