NFTs
Sony Interactive Entertainment files for NFT patent
The gaming and console giant releases patent filing for an NFT framework for transferring digital assets between devices.
Dorian Batycka 3 min read Japan News
News on licensing, investor protection, CBDC research, and Japan’s maturing crypto markets.
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Dorian Batycka 3 min read 
Bankruptcy
Mt. Gox pushes deadline for BTC repayment registration to April
Mt. Gox's base repayment period has also been extended from Sept. 30 to Oct. 31, according to the announcement.
Stablecoins
Three Japanese banks to issue compliant stablecoins on ‘Japan Open Chain’
The Japanese banks are expected to issue legally backed stablecoins that can be used in Ethereum wallets like MetaMask.
More Japan Crypto News & Analysis
Metaverse
Japan follows up on metaverse investment plans
Japan said it would expand investments in the metaverse in 2022. Today, 10 Japanese firms joined forces to create the metaverse economic zone.
Featured
FTX Japan to resume withdrawals on Feb. 21
FTX Japan said it would announce the resumption of its services soon, according to a Feb. 20 press statement.
CBDCs
Japan to launch CBDC pilot program for issuance of digital Yen
The pilot program aims to test the technical feasibility not fully covered by the PoCs and onboard the private sector.
Payments
Mt. Gox’s leading creditors opt for Bitcoin payment that guarantees 90% of funds owed
The two biggest creditors are expected to take payment in BTC in Sept. 2023.
Bankruptcy
FTX creditors include Google, Meta, Circle, Genesis, govt. agencies
The impact of the FTX meltdown has outstripped the crypto ecosystem and leeched into the mainstream tech industry and beyond.
Exchanges
Coinbase to halt operation in Japan
The exchange said leaving Japan is part of its restructuring process that will help it weather the bear market.
