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Japan Will Include Central Bank Digital Currency in Honebuto Economic Plan

Japan Will Include Central Bank Digital Currency in Honebuto Economic Plan

The Japanese Government has continued its acceleration towards a Central Bank Digital Currency (CBDC) and is set to include its consideration in its formal economic plan.

Australian Government Explores the Viability of Blockchain For Land and Property Conveyancing Transactions

Australian Government Explores the Viability of Blockchain For Land and Property Conveyancing Transactions

The Australian government is piloting a blockchain database to find out its viability on conveyancing transactions.

China’s Central Bank Digital Currency DCEP to be Operational for Local Government Employees Starting in May

China’s Central Bank Digital Currency DCEP to be Operational for Local Government Employees Starting in May

Local government employees in the city of Suzhou will be receiving China’s central bank digital currency, digital currency electronic payment (DCEP) in May, according to a local news outlet. China has been charging full speed with its digital currency development plans shortly after Facebook revealed its Libra stablecoin project.

Japanese Based Cryptocurrency Exchange BitFlyer Reports $6.9Million Loss in 2019

Japanese Based Cryptocurrency Exchange BitFlyer Reports $6.9Million Loss in 2019

bitFlyer, a Tokyo based cryptocurrency exchange reported a loss of $6.9 million after suffering a loss in customers amidst regulatory issues with the financial services agency of Japan. The company is doing all it can to stand strong and successfully survive this downtime.

Tables Turn for Japanese Man After Being Convicted for Secretly Installing a Crypto Mining Program

Tables Turn for Japanese Man After Being Convicted for Secretly Installing a Crypto Mining Program

The Tokyo High Court has dismissed the acquittal of a 32-year-old Japanese man who had been let off the hook by the Yokohama District Court in March 2019 after being accused of unlawfully inserting a cryptocurrency mining program dubbed Coinhive.

Turkish Government Announces Plans for National Blockchain Infrastructure

Turkish Government Announces Plans for National Blockchain Infrastructure

The Ministry of Industry and Technology of the Turkish Government announced its plan for a national blockchain infrastructure used in public administration on Sept. 18 in Ankara.

UK Government Wants FCA Oversight on Crypto Investment Advertising

UK Government Wants FCA Oversight on Crypto Investment Advertising

The UK Government has proposed that crypto asset promotions should fall under the scope of the Financial Conduct Authority’s existing oversight and does not require a whole new framework just for digital assets.

Japanese Advertiser Dentsu Offers Influential Manga Comic Critics Blockchain Rewards

Japanese Advertiser Dentsu Offers Influential Manga Comic Critics Blockchain Rewards

A Japanese advertising behemoth, Dentsu has partnered with Kadowkawa ASCII Research Labs to help local content creators on popular streaming apps to gain recognition and have their work critiqued by the public.

Japanese Lawmaker Urges Digital Yen Development to Curb China Dominance

Japanese Lawmaker Urges Digital Yen Development to Curb China Dominance

Japanese Lawmaker, Kozo Yamamoto has called for the expedited development of Japan’s digital yen as the race to be the first nation with an operating central bank digital currency (CBDC) heats up.

India’s Government Plans to Bring Back Law to Ban Cryptocurrencies

India’s Government Plans to Bring Back Law to Ban Cryptocurrencies

A report revealed that the Finance Ministry is now inviting other ministries to have a discussion of its earlier draft on the crypto ban introduced a year ago.

Coinbase Takes a Step Further into the Japanese Crypto Market

Coinbase Takes a Step Further into the Japanese Crypto Market

Coinbase has been licensed in Japan since 2019, and has registered as second-class members of the Japan Virtual Currency Exchange Association (JVCEA), a self-regulatory organization for the crypto industry in Japan.

India IT Tech Firm Partners with Local Government to Introduce Blockchain Acceleration

India IT Tech Firm Partners with Local Government to Introduce Blockchain Acceleration

Huge development talks originating from Pune City, shows that India IT services firm Tech Mahindra recently introduced the T-block Accelerator, the maiden accelerator program for the Telangana Blockchain District in partnership with the state government and IBC Media, an innovative management company.

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