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Arthur Hayes: Japanese Banks in Crisis Over Dollar-Yen Carry Trade Failures
21.6.2024
Japanese banks, once secure in their financial strategies, are now facing severe challenges due to shifts in global monetary policies, as outlined by Bitmex co-founder Arthur Hayes in his latest blog post. These institutions are caught in a cycle of low yields and high hedging costs, which...
Japanese Financial Regulator Proposes Stricter Measures For P2P Crypto Transactions
14.2.2024
Japan’s principal financial regulator has unveiled a series of proposed measures that could negatively impact the peer-to-peer (P2P) transactions market. In a Wednesday announcement, the Financial Services Agency (FSA) issued a formal request to Japanese banks, noting that a high number...
Ripple-based MoneyTap adopted by three Japanese banks
17.4.2023
Japanese banks like Yamaguchi, Momiji and Kitakyushu now support the MoneyTap P2P remittance service based on RippleNet
Japanese Banks to Trial Stablecoins on High-Speed Blockchain – How Does it Work?
2.3.2023
Banks in Japan are starting a trial for issuing fully compliant stablecoins on an ultra-fast but largely centralized blockchain known as the Japan Open Chain.
The bank trials will be the first experiment with stablecoins in Japan that is fully compliant with local laws, a press release sent out...
Today in Crypto: Trezor and The Sandbox Issue Security Warnings, Cronos Launches a New DEX, Three Japanese Banks Set to Test Stablecoins on Japan Open Chain
2.3.2023
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today's crypto news.__________...
Read More: Today in Crypto: Trezor and The Sandbox Issue Security Warnings, Cronos Launches a New DEX, Three Japanese Banks Set...
Three Japanese Banks Start Stablecoin Experiment
2.3.2023
Three Japanese banks, Kiraboshi Bank, Minna no Bank and The Shikoku Bank, are participating in an experiment that aims to implement a stablecoin system that meets legal requirements
80 Japanese Banks Eye JPMorgan’s Blockchain
10.12.2019
Source: JPMorgan, Instagram
More than 80 Japanese banks have declared interest in joining JPMorgan Chase’s blockchain-based payment information network, the Interbank Information Network (IIN), making the country’s banking sector possibly the largest national player in the system powered by Quorum...
Four Japanese Banks Including the Seven Bank, Joins MoneyTap
3.9.2019
Financial giant SBI has published in their report that four major Japanese banks have invested in its cashless mobile-payment application, MoneyTap. Money tap is powered by Ripple which uses the Ripple xCurrent solution, built on distributed ledger technology. The report stated: SBI Group announces...
Four Japanese Banks Invest in Ripple-powered SBI App
3.9.2019
Financial group SBI has announced that four major Japanese banks have invested in its cashless remittance app, the Ripple-powered MoneyTap app for smartphones.
Per an official release, SBI says that Awa Bank, Kita-Nippon Bank, Daisan Bank and a fourth, as-yet-unnamed bank have become shareholders...