Tag: Japan

Adoption
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CEO of Japanese Finance Giant SBI Appointed as Ripple Labs Executive

Brian Evans - Apr 26, 2019

Yoshitaka Kitao, CEO and representative director of Japanese financial services giant SBI Holdings, has been appointed as an executive of Ripple Labs Inc

Bitcoin
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Mt. Gox Trustee Extends Deadline for Rehabilitation Plan Submission

Brian Evans - Apr 25, 2019

The trustee of now-defunct Bitcoin exchange Mt. Gox has extended the deadline for submission of rehabilitation plans

Bitcoin
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Monex Reveals July Start Date for US Exchange as Coincheck Reports $15 Mln Loss in 2018

Brian Evans - Apr 25, 2019

Japanese online broker Monex Group is planning to start trading in their United States cryptocurrency exchange in July

Banks
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Japan’s 3rd Largest Bank by Assets Joins R3 Marco Polo Blockchain Network

Brian Evans - Apr 25, 2019

The third-largest Japanese bank by assets, SMBC, will leverage R3’s Marco Polo blockchain for trade finance

Bitcoin Regulation
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Japan’s Finance Minister Urges Reporters to Adopt New Legal Term ‘Crypto Assets’

Brian Evans - Apr 25, 2019

Japan’s Minister of Finance and Deputy Prime Minister Taro Aso urged reporters to stop referring to virtual currencies and switch to the newly-proposed legal name crypto assets

Banking
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Top 3 Japanese Bank to Roll Out Services on Marco Polo Blockchain

Brian Evans - Apr 25, 2019

Sumitomo, Japan’s third-largest bank by total assets, will launch blockchain-based trade finance services in the second half of this year.

Blockchain
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SBI Group Invests $15 Million in ‘Smart Card’ Wallet Manufacturer

Brian Evans - Apr 24, 2019

Tangem, a manufacturer of ‘smart card’ crypto wallets, recently received a $15 million investment from Japanese financial services firm SBI Group

Adoption
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Telecoms Giant NTT’s Thai Unit Plans to Launch Blockchain, AI, IOT Innovation Lab

Brian Evans - Apr 24, 2019

Telecoms giant NTT Corporation’s Thai subsidiary plans to launch a major innovation lab focused on blockchain, artificial intelligence and internet of things technology

Bitcoin Exchange
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Japan Regulator Surprises Crypto Exchanges with Sudden On-Site Inspections

Brian Evans - Apr 24, 2019

Japan’s Financial Services Agency (FSA) has reportedly carried out unscheduled onsite inspections at cryptocurrency exchanges Huobi Japan and Fisco Digital Asset Group(FDAG). According to Reuters, the inspection…

Bitcoin
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WSJ: Japanese Billionaire SoftBank Founder Lost $130 Million on Bitcoin Investment

Brian Evans - Apr 23, 2019

Masayoshi Son, founder of multinational conglomerate SoftBank Group and billionaire, reportedly lost over $130 million with his bitcoin investment