Japan

60 Japanese Banks Launch Digital Currency Without a Blockchain

Sixty leading banks in Japan, under the leadership of Mizuho Bank, have launched a new digital currency called J Coin. The digital cash system will be integrated with J Coin Pay to work across the country. Contrary to initial reports, J Coin will not bear resemblance to a traditional cryptocurrency — in spite of its […]

Crypto-regulations by the crypto-favoring countries

Belarus The country allows its citizens to purchase, sell, mine the altcoins, trade crypto-assets for Belarusian rubles, forex, and electronic currency, as well as to create their own cryptos. Not only this, the country has removed any tax on holding the crypto till Jan.1, 2023. Now, that’s a very crypto-friendly take indeed! Japan Japan’s regulatory […]

Japan to Double Leverage on Bitcoin and Cryptocurrency Trading

The Japanese Financial Services Agency (FSA) has tightened its policy on trading margin assets which can trade large amounts of money with a small amount of capital, up to twice the ratio over Bitcoin and other cryptocurrency transactions. Until now, there were no clear rules set by the state. It aims to reduce the risk […]

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 […]

What Makes Blockchain or Cryptocurrency “Mainstream”?

‘Mainstream’ is a term used throughout blockchain, cryptocurrency, and indeed for many technologies, but everyone has a hard time pinning down what it means. So at what point could blockchain technology and cryptocurrencies be classified as “mainstream,” or more the “norm,” rather than new or emerging? Blockchain technology seems to be permeating every industry and […]

This Year Proved Asia Is Ahead in Crypto-Blockchain Adoption

This post is part of CoinDesk’s 2019 Year in Review, a collection of 100 op-eds, interviews and takes on the state of blockchain and the world. Michael Ou is CEO of CoolBitX, a blockchain security company and creator of the first hardware wallet that enables bluetooth-to-smartphone pairings. In 2019, it became clear that Asia was […]

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 […]

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 […]

South Korea joins race to issue a digital currency

The country joins the likes of Japan, Russia, Iran and China actively exploring a new type of money. South Korea is setting up a task force to research the possibility of launching a state-backed digital currency, reports the Korea Times. The country joins the likes of Japan, Russia, Iran, China, and others actively taking steps […]

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