Stablecoins
Japan to lift ban on foreign-issued stablecoins in 2023
Remittances through these stablecoins are limited to 1 million yen ($7500) per transaction.
Oluwapelumi Adejumo 1 min read
Japan Crypto News
News on licensing, investor protection, CBDC research, and Japan’s maturing crypto markets.
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Top Japan Stories
Crypto
CryptoSlate Wrapped Daily: Bitcoin falls 1.4% after US payroll data, FTX Japan works to offer liquidity
Binance freezes $3 million after the Ankr attacker stole 6 quadrillions of aBNB, data shows over 8% of Bitcoin was purchased between $15,5K and. $17K, and much more in this edition of CryptoSlate Wrapped Daily.
Bankruptcy
FTX Japan to unfreeze withdrawals of client funds
The new FTX trading management team has approved the plan to resume withdrawal services, the Japanese subsidiary announced on Thursday.
Latest Japan Crypto News & Analysis
Exchanges
Binance re-enters Japan, controls over 75% of exchanges’ monthly trading volume
Binance now controls over 75% of exchnages' monthly trading volume, according to available data.
Analysis
Asia’s Bitcoin supply records new ATH while US, EU reserves shrink
Asia currently holds 7.3% of the total Bitcoin supply as market moves inversely to the West
CBDCs
Japan Credit Bureau to test credit card-based CBDC settlement solutions
Japan Credit Bureau announced it will start the “JCBDC“ pilot project to test contactless credit-card based settlement solutions for general use retail CBDC despite the central banks' cancellation of its CBDC project.
Crime
North Korean Lazarus Group targets Japanese crypto firms
The Lazarus group sent phishing emails to employees of crypto companies and successfully infected their computers with malware.
Regulation
Japan looks to amend crypto KYC rules
The Japanese government has decided to revise six laws related to foreign exchange, which will also affect crypto trading platforms.
Bankruptcy
Mt. Gox exchange releases guideline for BTC repayment
Mt. Gox has enabled an online claim function that will allow creditors to register their information and select a repayment method for subsequent disbursement of funds.
More Japan Crypto News Headlines
Adoption
Japan to invest in metaverse, NFTs to drive implementation of Web3 services
Regulation
Japan to tighten laws to prevent money laundering via crypto by May 2023
Investments
Animoca Brands’ Japanese unit bags $45M to promote NFTs
Taxes
