Search Results for "japan"
Japan’s SoftBank leads $200 million investment in Brazil’s Mercado Bitcoin
Japan SoftBank recently invested $200 million into the Mercado Bitcoin crypto exchange in Brazil, which is considered the largest raised through a Series B funding round in Latin America’s history.
Japan’s Finance Minister Says No Plans to Lower Taxes for Cryptocurrencies Amid Call for Tax Rate Cut
Japan’s finance minister stated that there is no need to lower crypto tax rates.
Nissan and Toyota Enter the Metaverse in Grand Style
Japanese auto giants Nissan and Toyota have entered the metaverse, aiming at occupying a bigger proportion of the vehicles market.
Prime Minister of Japan Fumio Kishida Comes Out in Support
On Feb. 1, Prime Minister Fumio Kishida addressed the House Budget Committee on DAOs, NFTs, and Web3.
Japanese Financial Giant SBI Group to Borrow from Bitcoin Holders at Annual Rate of 1%
SBI Group has rolled out a cryptocurrency rental service dubbed “VC TRADE LENDING” aimed at borrowing Bitcoin from customers in return for 1% annual interest.
Eastern Asia’s Crypto Market Growth Halts, China's Crypto Transaction Volume Drops by 31% YoY
Eastern Asia's crypto growth came to a near standstill since last year triggered China crackdowns.
Asia Crucial to Web3 Gaming Industry
A report by DappRadar highlighted the importance of Asia in the Web3 gaming industry, due to the region's majority share of gamers and gaming revenue, as well as its high interest in blockchain technology. While China prohibits gaming companies from integrating blockchain technology, Japan and South Korea are leading the way in adopting blockchain technology in gaming.
Messaging Giant LINE is Developing a Platform for CBDC
Japanese messaging giant Line is developing a platform to aid Asian central banks in their pursuit of central bank digital currencies (CBDC).
Japan’s Major Banks Join Consortium of Private Firms to Launch Yen-Based Digital Currency
The private sector in Japan has joined forces to examine the trial and launch of a CBDC as a way of streamlining large funds transfers and settlements among financial firms.
Japan’s Financial Regulator Proposes New Legislations, Limiting Stablecoin Issuance to Banks
Japan’s FSA is working on a legislation that is set to be introduced next year. The regulations seek to make it only wire transfer companies and banks can issue stablecoins.
FTX Japan Plans to Resume User Withdrawals in February
On Feb. 17, FTX Japan notified impacted customers to verify their account balances to make withdrawals.
Gate.io Executive Explains: What Can We Expect for the Upcoming Bitcoin Halving Event and Crypto in 2020?
Bitcoin halving has been suggested as a significant event. Gate.io also released a halving countdown page for nine major cryptocurrencies in 2020, keeping its users informed of the latest status on halvings. “As an exchange, we want to be instrumental in providing useful information about Bitcoin Halving to our users and the overall community,” Tatibouet said.