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Japan Metaverse Economic Zone is in works


Japan takes another lead in the Metaverse sphere by bringing together a set of ventures willing to construct the Japan Metaverse Economic Zone. The ultimate objective is to create an open metaverse infrastructure from the perspective of role-playing games. Ventures coming on board with the plan...

Japanese Tech and Finance Giants Launch Japan Metaverse Economic Zone


Several Japanese tech and finance giants have signed a document to create the Japan Metaverse Economic Zone, a multipurpose virtual universe that will have its base in a platform called Ryugukoku. The virtual world will allow these companies to share their technology with users as it lets them roam...

Bank of Japan to Launch Digital Yen CBDC Pilot Later This Year


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’s FTX unit K.K. decides to return back its client’s money


The FTX unit in Japan, a subsidiary of the failed cryptocurrency exchange of Sam Bankman-Fried, announced its decision to resume withdrawals this week to make the 1st of the FTX group to return funds to customers.  FTX, also known as Futures Exchange, is currently a bankrupt company that previously...

Japan Will Launch Pilot for Issuing Digital Yen In April


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

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