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Japanese Securities Giant SBI, Gaming Firm Square Enix Seal Crypto Gaming Deal
23.12.2022
The Japanese securities, banking, and crypto heavyweight SBI and the Tokyo Stock Exchange-listed gaming firm Square Enix have announced a crypto gaming M&A deal. The companies have signed a share purchase deal for Gumi, an up-and-coming crypto and blockchain gaming company.
The deal is worth...
Dating App Crypto Scammers Strike Again as Catfished Japanese Man Loses $90k
21.12.2022
Crypto scammers are ramping up their catfishing campaigns on East Asian dating apps, with another Japanese man falling victim to fraudsters. The man lost “more than $90,000” to a “foreign woman” – who has since vanished.
NHK reported that, per the police, the man – aged in his 50s and a resident...
Bank of Japan’s Kuroda Shocks Markets by Raising the Benchmark Rate to 0.5% From 0.25%
20.12.2022
The Japanese yen is up 3.42% against the U.S. dollar on Tuesday as the Bank of Japan surprised the world by deciding to allow the benchmark interest rate to rise to 0.5% from 0.25%. The Japanese central bank was one of the only banks worldwide to hold off on raising benchmark interest rates,...
Major Japanese Utility Works With Local Hardware Maker to Capitalize on Excess Power With Crypto Mining
14.12.2022
The utility behind the Fukushima nuclear reactor is trying our crypto mining
Japanese Regulator Extends FTX Japan’s Suspension as Users Wait for Their Funds
9.12.2022
The Financial Services Agency ordered that operations stay suspended for another three months
GensoKishi Official Release | LAND Sales Coming in December
7.12.2022
PRESS RELEASE. On November 30th, the MMORPG game “GensoKishi Online-Meta World” was officially released. It is the web 3 version of the iconic Japanese 3DMMO “Elemental Knights Online,” which won the “Game of the Year Gold Award 2012” in Taiwan and accumulated...
Japanese Government Set to Adopt FATF Crypto AML Guidelines into National Law
5.12.2022
The Japanese government is preparing to enshrine the Financial Action Task Force (FATF)’s crypto anti-money laundering (AML) guidelines into the legal code – after the country’s parliament voted in favor of the measure.
NHK reported that MPs voted for the Revised Act on Prevention of Transfer...
Binance acquires Sakura Exchange BitCoin to enter the Japanese market
1.12.2022
Binance recently announced the acquisition of 100% of the SEBC (Sakura Exchange BitCoin). The development allows Binance to enter Japan as a JFSA (Japanese Financial Service Agency) regulated platform. As the leading crypto infrastructure and blockchain ecosystem provider, Binance holds immense...
Binance Acquires Licensed Japanese Crypto Exchange — Prepares to Enter Japan as Regulated Entity
1.12.2022
Cryptocurrency exchange Binance has acquired a regulated Japanese cryptocurrency exchange and is now preparing to enter the Japanese crypto market as a regulated entity. “The Japanese market will play a key role in the future of cryptocurrency adoption,” said the general manager...
Binance Acquires 100% of Japanese Crypto Exchange Sakura Exchange BitCoin – Here's Why
30.11.2022
Binance has acquired 100% of Sakura Exchange BitCoin (SEBC), a crypto platform registered in Japan, to enter the Japanese market in a regulated way.
In an announcement today, the world's largest cryptocurrency exchange said it will enter the Japanese market as a Japan Financial Services Agency...
Japanese Regulator Suggests it May Be Preparing to Police DeFi
28.11.2022
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”...
Japanese Digital Yen Pilot to Begin ‘in Early 2023’
25.11.2022
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’
Fumiya ‘the Most Famous Japanese in the Philippines’ Becomes PROJECT XENO Ambassador
25.11.2022
PRESS RELEASE. Project Xeno is pleased to announce that Fumiya, a social media creator with over 6 million followers on SNS, has been appointed as the Southeast Asia ambassador for “PROJECT XENO.” Fumiya is a social media creator based in the Philippines, working extensively as...
NFT Sale Starts Mid December! NFT Sale Details of Entertainment DAO Project ‘SUPER SAPIENSS’ by Director Yukihiko Tsutsumi, Katsuyuki Motohiro and Yuichi Sato Revealed
23.11.2022
PRESS RELEASE Financie Inc. pleased to announce that the “SUPER SAPIENSS NFT” sales conducted by “SUPER SAPIENSS”, an entertainment DAO project active on FiNANCiE. About SUPER SAPIENSS “SUPER SAPIENSS” is an unprecedented entertainment project that brings...
Japanese Government: We’ll Take ‘All Possible Measures’ to Help FTX Japan Customers
14.11.2022
The Japanese government has vowed that it will do all it can to protect customers of FTX’s Japanese subsidiary, FTX Japan. But the exchange has announced that its clients’ funds are safe.
Nikkei quoted the nation’s Finance Minister Shunichi Suzuki as explaining that regulators had hit FTX Japan...
Japanese Regulator Slaps FTX Japan With Business Suspension Order
12.11.2022
Japan’s top financial regulator, the Financial Services Agency (FSA), has issued a business suspension order to FTX Japan, the Japanese subsidiary of FTX.com. The financial watchdog has also ordered the crypto exchange to submit a business improvement plan by Nov. 16. Japanese Regulator Takes...
Japanese Tradfi Giant Nomura’s Crypto Arm to Launch Coin Trading Platform
11.11.2022
The Japanese tradfi giant Nomura is set to launch crypto trading platform for professional traders by early 2023 – as the firm looks to ramp up its crypto operations.
Nomura recently announced the launch of a crypto-focused firm named Laser Digital. This new subsidiary also operates a sub-unit...
We Need To Start Holding Japanese RPGs To Higher Standards
9.11.2022
I had one hell of a weekend. After I published my piece on Final Fantasy producer Naoki Yoshida’s misguided comments about the next game’s overwhelming whiteness, the fans completely lost their minds. Sure, I saw the usual slurs and petty insults. But those weren’t the comments that stuck to...
Japanese Mobile Firm NTT Plans to Invest $4 Billion in Web3 Technology – Find Out Why
9.11.2022
Japan’s largest mobile telecoms operator NTT DOCOMO has announced plans to invest up to 600 billion yen ($4 billion) into Web3 infrastructure.
The company has joined forces with multichain smart contract platform Astar Network as well as Irish services company Accenture to speed up Web3 adoption...
Largest Japanese Bank MUFG Projects to Offer Financial Services in Metaverse by 2023
9.11.2022
MUFG, the biggest bank in Japan, is projecting to offer financial services through the metaverse in 2023. The financial giant has partnered with ANA Holdings, a holdings consortium focused on air transportation companies, to be part of ANA’s Granwhale metaverse, and explore the possibility...