Japan

Japan Banking Giant Mitsubishi Goes Crypto With Own Coin

Mitsubishi UFJ Financial Group, Inc, one of the top five banks in the world, announced its intention of testing a proprietary cryptocurrency by 2019. The idea is to roll out its coin initially to a relative handful of customers, hoping they’ll participate in finding inevitable bugs as they make typical retail purchases. For Japan, it’s […]

The BitLicence Proposal

Ben Lawsky, Superintendent of Financial Services at the New York State Department of Financial Services (DFS) announced the BitLicense proposal. The Bitlicense document contains a regulatory structure for bitcoin which means that businesses in the state of New York can be sure of what they can and cannot do. This has been done to make […]

State financial regulators

The emergence of digital currencies poses a major dilemma for the guardians of economies across the globe. While some countries have taken a liking to the newcomers, others remain cautious or opted to ban them outright. Bitcoin was born nearly nine years ago as something brand new for both the world of payment systems and […]

Japan May Just Be the Most Bitcoin-friendly Country in Asia

The two biggest digital currency heists on the planet with losses totalling right around a billion dollars at trades in Tokyo, and a social inclination towards conservatism, appear to have scarcely hosed Japan’s excitement for bitcoin and different cryptographic forms of money.  Japan adores cash. With paper and coin installments as yet representing near portion […]

Is Bitcoin Banned in China?

Earlier this month, the People’s Bank of China (PBOC) which is the central regulatory authority that regulates financial institutions and drafts the monetary policy of the country, issued a statement that “it would block access to all domestic and foreign cryptocurrency exchanges and ICO websites.” As per the news, China aims to clamp down on “all cryptocurrency trading with […]

How to Buy Bitcoin in Japan

Here are some exchanges and services you can use to buy bitcoin in Japan in no particular order.  1. Coincheck Coincheck is one of the most popular bitcoin exchange in Japan and allows users to easily purchase bitcoin, Lisk, Ether, and DAO tokens from its platform. Under the Market Maker Commission Campaign, Coinchange also provides incentives to market makers […]

Japan Card Issuer JCB to Include Blockchain Tech for B2B Payments

Financial giant and card provided JCB and Paystand, a payment network that leverages blockchain technology, have entered into an agreement to create the first end-to-end blockchain-powered B2B digital payment platform for Japanese enterprises and JCB’s customers in Japan and Asia, according to a press release from the companies. The annual value of the transactions in […]

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