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Coinbase Shutting Down Most Crypto Services in Japan After Series of Job Cuts Globally
13.1.2023
The Nasdaq-listed cryptocurrency exchange Coinbase is closing down most of its operations in Japan after announcing another round of job cuts globally. “Despite everything we’ve been through as a company and an industry, I’m still optimistic about our future and the future...
Today in Crypto: Coinbase to Close Down Most Japanese Operations, Voyager Granted Initial Approval to Sell Assets to Binance.US, Ledger Integrates 'Cometh Battle' Card Game
11.1.2023
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: Today in Crypto: Coinbase to Close Down Most Japanese Operations, Voyager Granted Initial Approval to Sell Assets...
Square Enix to Deepen Its Blockchain Efforts in 2023
4.1.2023
Square Enix, the Japanese gaming giant, is preparing to announce more blockchain-based titles in 2023. As part of a now traditional new year’s letter issued by Yosuke Matsuda, CEO of the company, the executive announced some of the moves Square Enix will make regarding blockchain tech,...
Bankrupt Crypto Exchange FTX to Start Letting Customers in Japan Withdraw Funds
1.1.2023
FTX customers in Japan will soon be able to withdraw their funds that are currently frozen due to the bankruptcy process. Two FTX-owned crypto exchanges, FTX Japan and Liquid, are developing a system to allow withdrawals by mid-February. FTX’s Japanese Customers Can Withdraw Funds Soon...
Kraken Shutting Down Crypto Exchange in Japan Citing Weak Global Crypto Market
29.12.2022
Cryptocurrency exchange Kraken is shutting down services in Japan. The company explained that the current Japanese market conditions and a weak global crypto market do not justify the resources needed to further grow its business in Japan at this time. Kraken Exiting Japan Cryptocurrency exchange...
Japanese Gaming Company Gumi Partners With Square Enix and SBI Holdings to Strengthen Metaverse Pivot
28.12.2022
Gumi, a Japanese mobile gaming company, has partnered with Square Enix and SBI Holdings to build new business opportunities around the metaverse. The deal, which also includes the issuance of new stock valued at $52.7 million dollars, will allow the company to acquire financial and content creation...
Kraken quits Japan for second time blaming a ‘weak crypto market’
28.12.2022
The crypto exchange said it will deregister from Japan’s Financial Services Agency as a Crypto Asset Exchange Operator from Jan. 31, 2023
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...