Search
Bitcoin will bring global payments out of the ‘fax era' — Ex-PayPal boss
12.9.2023
Marcus said there’s still no universal protocol when it comes to transferring money, unlike information which can be shared via email
Japanese Regulators Greenlight EOS Token Trading, Enabling Pairing with Japanese Yen
30.8.2023
The EOS Network has secured whitelist approval from Japan's crypto regulator allowing EOS token to be traded against the Japanese yen on the regulated crypto exchanges of Japan.
The EOS network announced in a blog post that the trading opportunity is slated to become operational in September,...
EOS secures regulatory approval in Japan, will trade against yen
30.8.2023
The EOS Network Foundation announced that the EOS token will start trading on the Japanese exchange BitTrade in September
Asian Economies Could Benefit From Reduced Dollar Influence, Says Devere CEO
6.8.2023
The CEO of asset management firm Devere Group says the world is shifting “away from a dollar-dominated financial system.” Emphasizing that a shift away from U.S. dollar influence “could have positive implications for Asian economies,” he described: “With the dollar losing its stranglehold...
Japanese Yen Hits 20-Year Low Against US Dollar; BOJ Maintains Loose Policy Amid Inflation Pressures
2.8.2023
In the last month, Japan’s official currency has dipped slightly more than 1% in comparison to the U.S. dollar. Then, on Tuesday, the Japanese yen plummeted to its weakest position against the greenback in over 20 years, a shift that came after the Bank of Japan opted to keep its extremely...
Bitcoin Trading in Japan Rises as Yen Turns Volatile
20.7.2023
The share of bitcoin trade volume on Japanese exchanges rose from 69% to 80% in the first six months of the year, data tracked by Kaiko show
Bitcoin Leaves Major Assets in the Dust: Surges 80% in the First Half of 2023, Soars to 12th Largest Global Asset
5.7.2023
In the first half of 2023, eye-opening statistics reveal that bitcoin (BTC), the leading cryptocurrency, demonstrated remarkable performance by surpassing various significant assets such as the Nasdaq Index, Nikkei 225 Index, Dow Jones, S&P 500, Russell 2000, spot gold, the U.S. Dollar Index...
De-dollarization: Is it really happening?
9.6.2023
In our latest Cointelegraph Report, we analyze the causes leading to the decline of the U.S. dollar as the world reserve currency and its potential implications
SEC Chairman Gensler Stresses Existing Fiat Digital Currencies Are Sufficient Amid Coinbase and Binance Actions
6.6.2023
In the aftermath of the U.S. Securities and Exchange Commission’s (SEC) enforcement actions against Coinbase and Binance, chairman Gary Gensler engaged in a conversation, maintaining that further digital currencies are unnecessary. “We already have digital currency. It’s called...
MUFG to facilitate Japanese bank-backed stablecoins via Progmat Coin platform
3.6.2023
MUFG hasn’t revealed what firms will be the first to utilize its platform, however a handful of banks have reportedly already opted for a separate stablecoin solution
Japan launches digital yen pilot project after second successful proof of concept
29.5.2023
With the end of the proofs of concept, the Bank of Japan has initiated its CBDC pilot and plans more to gather more public and business feedback
Japan plans to form expert panel to explore digital yen: Report
30.3.2023
The ministry’s panel will reportedly focus on developing a framework for a central bank digital currency based on a technical study carried out by the Bank of Japan over the past two years
Japan's Finance Ministry to Explore Digital Yen Feasibility: Report
30.3.2023
The ministry plans to launch an expert panel next month to explore the feasibility of a central bank digital currency
Bank of Japan to Launch Digital Yen CBDC Pilot Later This Year
22.2.2023
The Bank of Japan is preparing to launch a pilot test for a digital yen, its central bank digital currency (CBDC), later this year. Shinichi Uchida, executive director of the Bank of Japan, explained that the goals of this new pilot are to test the technical feasibility of the currency and...
Japan Will Launch Pilot for Issuing Digital Yen In April
17.2.2023
Japan will launch a pilot programme in April to test the use of its version of the central bank digital currency (CBDC) known as the digital yen, its central bank said on Friday. The move comes after more than two years of proof-of-concept experiments by the BoJ around the digital yen
Binance mints 50M TrueUSD days after Paxos ordered stop issuing BUSD
17.2.2023
Despite the minting of $50 million in TUSD, Zhao previously said the regulatory crackdown on stablecoins in the U.S. will cause the USD-back stablecoin market to “shrink.”
First Mover Asia: Crypto Is Flat Before Fed Chair Speech; Japan's SBI Building a Metamask Competitor for Yen-Denominated NFT Trading
7.2.2023
Crypto trading is largely denominated in USD, but the United States isn't the center of the digital assets world; bitcoin trades sideways as investors await the latest Jerome Powell comments
Psychic VR Lab receives ¥100M from Animoca Brands Japan
16.1.2023
Animoca Brands Japan, has recently announced its investment of 100 million yen in Psychic VR Lab. This deposit is a part of the JP¥1 billion ($7.8 million) funding round by a Japanese company in Dec in the year 2022. Kyoya Okazawa, stated that they are looking forward for X.R. technology to expand...
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,...
Bank of Japan to Launch Digital Yen Pilot Program Next Year
26.11.2022
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,...