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Japanese Regulator Suggests it May Be Preparing to Police DeFi


The top Japanese financial regulator has given a hint that it may be preparing to attempt to police the decentralized finance (DeFi) sector. The Financial Services Agency (FSA) issued a call for DeFi players to take part in a “fact-finding survey” on the sector. The FSA wants to “research”...

Bank of Japan to Launch Digital Yen Pilot Program Next Year


The Bank of Japan is preparing to run a test trial of its own central bank digital currency (CBDC), the digital yen, with help from three top banks and regional institutions. The pilot program, estimated to last two years, will focus on testing the currency via several transactions,...

Japanese Digital Yen Pilot to Begin ‘in Early 2023’


The Japanese central bank could begin piloting the digital yen as early as spring 2023 and will reportedly start a trial involving “consumers and private sector companies.”... Read More: Japanese Digital Yen Pilot to Begin ‘in Early 2023’

Report: China Suspected of Stockpiling Gold to ‘Cut Greenback Dependence’


During the first week of November, the World Gold Council’s (WGC) report that covered last quarter’s global gold demand noted that central banks worldwide purchased close to 400 tons of gold in Q3 2022. The study highlighted that it was the “most on record,” and the WGC researchers also...

These Countries Were Hit The Hardest By the FTX Collapse – Find Out Why


South Korea, Singapore, and Japan are the three countries most impacted by crypto exchange FTX's infamous implosion, with a combined 15.7% traffic share to FTX.com, said a report by Coingecko.  The methodology of the study, as explained by Julia Ng, who leads Growth Marketing & PR at CoinGecko...

Report: Legendary Sonic Designer Yuji Naka Arrested In Japan


Over the past 24 hours a number of people in Japan—including a Square Enix employee—have been arrested on insider trading charges related to a Dragon Quest game announcement. Legendary Sega designer Yuji Naka is reportedly among them.Read more

AVAX expands its reach to Japan via Coinbase


After Coinbase lists AVAX on the platform, Avalanche blockchain enters the Japanese market. AVAX can now be traded on desktop computers and mobile devices throughout the region. The Avalanche blockchain’s native token can be used for minting non-fungible tokens, playing games in the Web3...

FTX Contagion: This Crypto Currency Exchange Just Suspended Withdrawals


The FTX contagion keeps spreading. Among the most recently affected companies is the Liquid exchange, which suspended withdrawals on Tuesday. The exchange stated that it had done so in order to comply with regulations relating to FTX's bankruptcy filing. The company said on Twitter that, "Fiat...

Japan’s Run for Money to be converted to an NFT game


Run for Money, a game variety show produced in Japan and regarded as the country’s most popular is now airing on Fuji Television. According to plans for the near future, this will be transformed into a version of a game based on NFTs. Run for Money, by the way, has been broadcast since 2004....

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