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Japan’s Central Bank Rules Out Issuing Cryptocurrency, Say Would Mean Dropping Cash
6.7.2019
Japan’s central bank, Bank of Japan has put the question of launching cryptocurrencies to rest. A bank official stated on Friday that issuing a central bank cryptocurrency would require the county to end cash totally, which at this stage isn’t feasible. Deputy Governor of the Bank...
‘Don’t Worry We Can Just Print More Money’ – Swedish Central Bank Ponders -1.5% Interest Rate
6.7.2019
At a press conference on Wednesday, the head of the Swedish Central Bank admitted that interest rates could potentially go as low as -1.5%, and quipped that Swedes likely wouldn’t even protest. Other countries implementing negative interest rate policies are producing lukewarm results that...
Bank of Japan: Adopting Central Bank Crypto Would Mean Dropping Cash
5.7.2019
A Bank of Japan official has ruled out the launch of a central bank digital currency because to do so would require the country to abandon cash
Bank of Japan: Cash Prevents Digital Currencies With Negative Interest
5.7.2019
Bank of Japan says digital currencies can’t be issued by banks hoping to push through a negative interest rate agenda
Fujitsu Unveils Blockchain-Based Identity and Credential Rating Service
4.7.2019
Fujitsu has unveiled a blockchain-based solution designed to improve trust in online transactions by using history and ratings to assign users a trustworthiness score
Japan's Crypto Exchange Association Just Lost Influential Boss
4.7.2019
Yoshitaka Kitao. The CEO of Japan’s SBI Group, Yoshitaka Kitao, has stepped aside as the head of the self-governing Japan Virtual Currency Exchange Association (JVCEA) just over two weeks after he was re-elected to the role.
Kitao is one of the most influential figures on the Japanese...
Gram Asia to Sell Gram Tokens at Three Times ICO Price
3.7.2019
The largest Asian holder of Telegram’s Gram token will sell some of them for three times the ICO price on July 10
Economist Joseph Stiglitz: Only a Fool Would Trust Facebook’s Libra
3.7.2019
“Every currency is based on trust, but only a fool would trust Facebook’s Libra” noted Nobel laureate in economics Joseph Stiglitz
Now Japanese Regulators Are Getting Anxious About Facebook’s Cryptocurrency
3.7.2019
Japan's central bank has joined the regulators worldwide expressing concerns over the potential risks posed by Facebook's Libra cryptocurrency
Modi Discussed Crypto Standards at G20 Summit – A Look at How They Apply to India
3.7.2019
India’s Prime Minister Narendra Modi participated in discussions on crypto assets at the G20 leaders’ summit in Osaka, Japan. At the conclusion of the summit, the leaders of the G20 countries jointly declared their commitment to applying the crypto standards set by the Financial Action...
BitFlyer to Resume Opening New Accounts After One Year Voluntary Suspension
2.7.2019
BitFlyer suspended its exchange service after an inquiry from Japan's Financial Services Agency
G20 Leaders Reaffirm Position on Cryptocurrencies in Statement
1.7.2019
Following the G20 Summit in Osaka, global leaders reaffirmed their position on cryptocurrencies in a joint statement
Tech Material Export To South Korea To Be Curbed By Japan Due To World War Two Dispute
1.7.2019
Technology is one of the biggest industries in South Korea and over the years, the country has imported key components from Japan. However, it has now emerged that a dispute between the two countries with regards to a labor law dating back to the Second World War could result in Japan curbing...
G20 Leaders Issue Declaration on Crypto Assets – A Look at Their Commitments
1.7.2019
The G20 leaders jointly issued a declaration on crypto assets at the end of their summit in Osaka, Japan. They declared their commitments, reaffirmed that crypto assets do not pose a threat to global financial stability, and requested further work done by standard-setting bodies. Also read:...
V20 Summit Concludes With Promises for Crypto Industry
30.6.2019
As the G20 leaders’ summit came to a close, the nearby V20 summit concluded with a set of promises for the crypto industry in response to the global crypto standards set by the Financial Action Task Force. A group of national crypto associations aims to engage with government agencies...
Group of Digital Asset Trade Associations to Establish Global Cryptocurrency Association
29.6.2019
A group of national crypto associations has announced their commitment to a global initiative for firms in the industry
Apple To Invest $100 Million In Japan Display, According To Japanese Media
27.6.2019
When it comes to companies like Apple, the number of vendors that such companies contract is huge, and many of those vendors eventually come to depend on the business that they generate from those companies. It is the same for many vendors and their relationship with, particularly large companies....
G20 Policymakers to Discuss Regulations Proposed by Crypto Industry
27.6.2019
As world leaders start arriving for the G20 summit in Osaka, Japan, policymakers and crypto industry representatives are convening at another summit to discuss the implications of proposed global standards for crypto assets and service providers, as well as solutions that will minimize unintended...
PR: New FATF Rules See VASP Industry Convene for V20 Summit
26.6.2019
As the Financial Action Task Force (FATF) prepares to roll out a new set of rules to increase reporting requirements on cryptocurrency transactions at the G20 Leaders’ Summit this month, a collective of international industry associations have led an initiative to convene Virtual Assets Service...
Libra May Spark the G20 Crypto Debate Japan Has Been Craving
26.6.2019
Japan's Prime Minister Shinzo Abe. The G20’s financial regulator says Facebook’s Libra project could lead the G20 to “take a closer look at cryptocurrencies” – playing into the hands of the Japanese government.
The G20’s Financial Stability Board (FSB) coordinates economic rules for member...