Places Japan

A newly-appointed financial regulator in Japan said this week that introducing laws and regulations for Bitcoin trading would impede technical innovation while supporting purely speculative gains, according to Reuters. Bitcoin laws promote speculation Ryozo Himino, the regulator, cautioned the parliament over announcing new laws that ultimately promote cryptocurrency trading. He argued that doing so reduces […]

Japan’s central bank — the Bank of Japan (BoJ) — confirmed Monday it has created a new division to research and study the issuance of digital currency. Colloquially the “digital yen,” the development follows days after Japanese parliament members called for increased participation for digital assets and CBDC research. Japan’s digital currency gets a home […]

The Japanese government confirmed yesterday it will assess and develop a digital currency in the coming months. A special committee will be created and national officers consulted. The so-called digital yen will be included in the country’s economic plan, said reports Wednesday. Japan speeds up digital currency efforts Japan’s economic officers are speeding up their […]

The East Asian superpowers are battling it out, this time with blockchain and digital currencies as a focus. ZDNet reported Friday that Japan has quietly begun digital yen experiments in an effort to build out its CBDC capabilities. The move comes as China’s digital yuan is seeing explosive development and South Korea has assembled a […]

Institutional investors are coming in hard and fast to the crypto market and, whether you like it or not, seem like they are here to stay. “Komainu” Japan’s top financial services and banking firm Nomura launched its much-awaited Bitcoin custody service for institutional investors this week, after over two years of development and clearing regulatory […]

In a world ravaged by the ongoing coronavirus pandemic, regulators around the are increasingly looking into cryptocurrencies and blockchain technology. Lapses in data reporting, halt of international trade, and non-verifiability of medical supplies are some factors contributing towards gravitation towards distributed networks. Increasing Importance Japanese officials are the latest to join the crypto-narrative. Senator Otokita […]

There is no denying the sentiment that the U.S. is the global hub of technology and financial innovation. American innovators are behind the world’s biggest companies, Amazon, Apple, Google, and more. Even with small-scale startups, talent is centralized in America. But it’s a whole different story for crypto and blockchain. Instead of the U.S. dominating […]

New York-based investment firm Fortress Investment Group has issued a new letter to creditors of the long-collapsed exchange Mt. Gox, proposing to purchase Bitcoin claims at a lower price than previously offered. In July, Fortress offered to purchase claims at $900 per BTC, double the bankruptcy value of Bitcoin at the time of the Mt. […]

Over the last two months, MINDOL (MIN), an Ethereum-based token aiming to promote the Japanese “geek culture,” skyrocketed over 28x. The sudden rise in has the crypto community wondering whether this crypto is a legit project or another “pump-and-dump” scheme. What is MINDOL? MINDOL claims to be the new currency for the world of “subculture […]

CryptoSlate recently had the opportunity to talk with the CEO of EMURGO, Ken Kodama. EMURGO is the commercial arm of Cardano. As CEO of EMURGO, Kodama leads the overall mission to drive the adoption of Cardano by building, investing in, and advising projects or organizations that adopt Cardano’s third-generation decentralized blockchain ecosystem. Below is our […]

At the 2019 Devcon in Japan, the Ethereum community was optimistic about the launch of the network’s second iteration, seemingly untouched by the latest controversy surrounding claims made by Ethereum’s founders about its inability to scale and grow. No controversy big enough for Ethereum fans While much of the crypto industry seemed shaken by the […]

Financial services giant Monex Group announced the establishment of a Japanese Security Token Offering Association alongside five other major securities companies in the country. Major Japanese brokerage firms come together to promote STOs Japan could soon see more useful regulations surrounding security tokens as some of the biggest brokerage companies in the country have joined […]

Chinese crypto exchange Huobi will make its first foray into a physical product with the launch of its sixth token offering on IEO platform, Huobi Prime. Huobi traders will have the opportunity to purchase NODE, the token of Whole Network and its blockchain phone, Acute Angle, during two trading rounds on September 11. However, as […]

Asia has been the origin point of some of the world’s best-known games, from Pokémon to Space Invaders, Pac-Man and Mario Kart. Now, the region, which pioneered many culture-defining titles has been quietly positioning itself for the global mainstream adoption of games powered by blockchain technology. Blockchain gaming’s genesis In more ways than one, the […]

Rakuten, the biggest e-commerce company in Japan with over 102 million users and the 14th largest internet company in the world by annual revenue, has officially entered the crypto exchange market. In an official statement, Rakuten said that Rakuten Wallet will operate as a licensed crypto trading platform. Currently, Rakuten is in the process of […]

TRON has signaled its intention to collaborate with Japan’s regulators as it attempts to expand into the world’s third-largest economy. The TRON Foundation has suggested that gambling DApps—one of the platform’s largest use-cases—which violate Japanese laws may face consequences. In a March 30th statement, the TRON Foundation revealed that part of its strategy to promote international […]

Japanese authorities in the city of Utsunomiya have charged an 18-year-old for stealing crypto from Monappy, a digital wallet service for MonaCoin. The unnamed teenager was reportedly referred to prosecutors in what is the country’s first case of charges being brought against a cryptocurrency hacker. Even though Japan has been at the forefront of crypto […]

Mark Karpeles, the founder of the now-defunct bitcoin exchange Mt.Gox, was found guilty of tampering with records and given a suspended prison sentence of two years and six months. The High Court ruling comes five years after a massive security breach in 2014 at Mt.Gox that led to millions of dollars in losses for both local […]