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Bailouts From Asia to the EU Signal Recession and Potential Crypto Opportunity
19.12.2019
China’s Hengfeng Bank is set to get a $14.2 billion bailout from both Chinese government and foreign investors. An emergency decree has been approved to bail out southern Italy’s biggest lender, Banca Popular di Bari. Germany continues to struggle with bailout pains, as regional bank...
Cryptocurrency Exchange Coincheck to Halt Leveraged Trading in Q1 2020
16.12.2019
Coincheck reverses decision to reinstate leveraged trading, asks users to settle positions
JP Morgan Will Launch IIN Network in Japan to Address AML Issues
11.12.2019
Multinational investment bank JP Morgan is all set to launch its blockchain-powered payment system in Japan. The network, which is christened as Interbank Information Network (IIN), will see the launch early next year. The network will address the issuance of data among other bank networks and will...
JPMorgan Blockchain Payments Network Eyes January Japan Launch
10.12.2019
JPMorgan's Interbank Information Network will expand to Japan early next year, according to its executive director
JPMorgan’s Blockchain Network to Launch in Japan in Early 2020: Report
10.12.2019
JPMorgan’s blockchain-based payment network, the Interbank Information Network, will reportedly launch in Japan in early 2020
Binance’s Partner Allows Users to Buy Crypto with Credit Card in JPY and CAD
9.12.2019
Binance’s fiat gateway partner now allows users to buy crypto with credit cards using Japanese yen and the Canadian dollar
Regulatory Roundup: Bitcoin Futures Fund Approved, India’s RBI-Backed Digital Currency
9.12.2019
In this regulatory roundup, we cover the U.S. SEC approving a bitcoin futures fund, the new IRS tax form targeting crypto owners, and several more steps taken by the U.S. government toward crypto regulation. We also cover India’s central bank digital currency plan, South Korea’s crypto...
Japan’s 2nd-Largest Utility Trials Blockchain for Renewable Energy Credits
9.12.2019
Japan’s second-largest power utility is extending its trial of a blockchain system for trading renewable energy certificates
Japan’s Third Quarter GDP Grew beyond Expectation; Private Consumption Becomes the King Maker
9.12.2019
Amidst news of gloomy economic conditions world-wide, Japan seems to have good news. Its Cabinet office data has indicated that the Japanese economy has come back on track. Its third-quarter GDP growth has outperformed the initial estimation by the Japanese Government. As per the official data,...
Brazil, Japan, Istanbul and 20 Crypto Jokes
7.12.2019
This week in the Cryptoworld: CryptoBridge is shutting down, while Vertcoin experienced another 51% attack, Huobi strengthens ties with China , OneConnect Financial Technology aims to raise up to USD 504M in an IPO, Hive found itself in a peculiar situation, SBI is considering issuing XRP...
BitFlyer’s New ‘Instant Buy’ Feature Lets Users Buy Crypto With Cards or Transfers
6.12.2019
BitFlyer is allowing its European users to buy crypto using a credit card, debit card or local instant transfer
Goldman Sachs’s Kathy Says Japan’s Stimulus Package May Payoff
5.12.2019
As the global economy is under immense pressure today, no developed nation seems to find it easy to wade off its impact. Japan seems to be on the front absorbing the global shock as it has a multitude of economic issues in its economy. However, some Government sources have lately indicated that...
KPMG Origins Launched in Australia, China, and Japan
4.12.2019
Shining as one of the Big Four accounting organizations, KPMG, the leading professional services providing firm, has announced the news about the launch of KPMG Origins in Australia, China, and Japan. KPMG Origins is a ‘track and trace’ platform that is designed on blockchain pedagogies to cater...
No Demand for a State Digital Currency in Japan: Central Bank Governor
4.12.2019
There is no public demand for a central bank digital currency in Japan, according to Bank of Japan Governor Haruhiko Kuroda
MUFG Teaming up With Indeed.com Owner to Launch Digital Currency for Payments: Report
4.12.2019
Japan's MUFG Bank and Recruit Holdings are reportedly launching a digital currency as part of a new payments venture
Japan: MUFG Bank Denies Reports It is Developing New Digital Currency
4.12.2019
Major Japanese bank MUFG has denied local media reports that it will launch a digital currency in 2020
Japan Now Has 21 Approved Crypto Exchanges
4.12.2019
Japan’s top financial regulator has approved the remaining crypto exchange that was in business prior to the regulation of the crypto industry. Exchanges in this category were allowed to continue operations while their registration applications were being reviewed. The regulator has so...
SoftBank Releases Debit Cards With Built-In Blockchain Wallet
2.12.2019
SoftBank developed a debit card featuring a built-in blockchain wallet for crypto storage
Regulatory Roundup: Germany to Let Banks Sell and Store Crypto, Laws Changing in Asia
2.12.2019
Some major regulatory developments in the crypto space have transpired this week. Not only has Germany passed a bill allowing banks to sell and store cryptocurrencies, but South Korea and Thailand are also amending their laws to better regulate the crypto industry. We also cover crypto news...
KPMG Launches DLT Supply Chain Tool in Australia, China and Japan
28.11.2019
KPMG’s new blockchain-based track and trace platform to increase the transparency of supply chains in Australia, China and Japan