Places Japan

Remittances through these stablecoins are limited to 1 million yen ($7500) per transaction.

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.

The new FTX trading management team has approved the plan to resume withdrawal services, the Japanese subsidiary announced on Thursday.

Binance now controls over 75% of exchnages' monthly trading volume, according to available data.

Asia currently holds 7.3% of the total Bitcoin supply as market moves inversely to the West

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.

The Lazarus group sent phishing emails to employees of crypto companies and successfully infected their computers with malware.

The Japanese government has decided to revise six laws related to foreign exchange, which will also affect crypto trading platforms.

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.  

Japan's Prime Minister Fumio Kishida has made Web3 development one of the pillars of economic revitalization since assuming office in 2021.

The government is looking to amend three laws simultaneously, one of which would help track where and when criminals send crypto.

The funding came in equal parts from Hong Kong-based parent Animoca Brands and Japanese banking giant MUFG Bank.

The country discussed the necessity of reducing the tax requirements on crypto initiatives to prevent start-ups from leaving Japan.

The Bank of Japan said it needs to explore the idea of a digital Yen further before giving it a greenlight as people have better options already.

The lobbying groups are planning to ask the government to make crypto issuing and holding cheaper to prevent talented individuals from leaving the country.

The JVCEA has got warnings from the Financial Services Agency for delaying the introduction of anti-money laundering rules.

The meeting between both authorities focused on issues that included “sustainable finance, crypto assets, and stablecoins.”

Japan has introduced a slew of new crypto regulations designed to liberate the operations of the industry in the country.