Japan – Page 6 – Ƀitsell X

Osaka Digital Exchange to Launch Trading of Japan’s First Digital Securities on December 25

November 20, 2023

Source: Jezael Melgoza/Unsplash Osaka Digital Exchange Co. is set to revolutionize Japan’s financial landscape by introducing the country’s first-ever digital securities trading. On November 16, Osaka Digital Exchange (ODX) announced plans to launch Japan’s first-ever digital securities trading on December 25. The platform will feature security tokens issued by real estate firms Ichigo Inc. and…
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Progmat stablecoin platform takes shape as wallet, liquidity providers join

November 9, 2023

Progmat Coin hopes to issue yen- and dollar-pegged “trust-type” stablecoins next summer to accommodate around-the-clock settlement. The Progmat Coin ecosystem is taking shape in Japan. With a market maker, wallet provider and cryptocurrency exchanges on board, Progmat and Mitsubishi UFJ Financial Group (MUFG) hope to launch two stablecoins in the summer of 2024. Stablecoin platform…
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Japanese Gaming Giant Bandai Namco Halts Gundam Metaverse Downloads – What’s Going On?

October 20, 2023

Japanese game publisher Bandai Namco has suspended downloads of its recently launched Gundam Metaverse amid rumors of a major leak. “We are sorry that downloading the client files has been temporarily suspended,” an October 18 announcement said. “We will inform you on this website when the download will be available again. Please continue to use…
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Japanese Firms to Use Digital Currency for Clean Energy Certificate Settlements

October 12, 2023

A consortium of Japanese firms is set to launch a yen-based digital currency, “DCJPY,” by July 2024, that will be used in transaction and settlement of clean energy certificates. Cryptocurrency exchange DeCurret revealed the issuance of a new digital currency today that will be used by various Japan-based firms for clean energy transactions…. Read More:…
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Japan May Become ‘Crypto El Dorado’ – South Korean Experts

October 4, 2023

Japan is aiming to become a crypto and Web3 “powerhouse,” South Korean analysts and experts believe – but some think Seoul still has what it takes to surpass Tokyo. Per Chosun Ilbo, South Korea’s biggest newspaper, Seoul-based crypto firms are concerned by the Japanese government’s proactive Web3-fostering policies…. Read More: Japan May Become ‘Crypto El…
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Nomura’s Crypto Subsidiary Laser Digital Opens Office in Japan

October 2, 2023

Laser Digital, the digital asset subsidiary of financial services giant Nomura, has opened a new Tokyo base, to expand its presence in the Far East. Former Nomura’s executive director Hideaki Kudo, has been appointed to head the new office in Japan. Kudo has previously worked on several projects for Nomura including the development of security…
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SBI works with UAE’s TradeFinex to set up joint crypto venture in Japan

September 29, 2023

SBI Holdings will work with UAE firm TradeFinex on a Japanese joint venture to boost the adoption of its enterprise blockchain platform on the XDC Network. SBI Holdings and TradeFinex will look to drive trade finance adoption of the Ethereum Virtual Machine-compatible enterprise blockchain XDC Network through a new joint venture in Japan. United Arab…
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Crypto exchange Binance among firms eyeing new stablecoins in Japan

September 26, 2023

Binance and Mitsubishi UFJ Trust and Banking Corporation (MUTB) are exploring the issuance of Japanese yen and other foreign currency-denominated stablecoins in Japan. Crypto exchange Binance is teaming up with Japan’s largest bank, the Mitsubishi UFJ Trust and Banking Corporation (MUTB), to explore the issuance of stablecoins in Japan. On Sept. 25, Binance Japan announced…
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Breaking: Mt. Gox Trustee Extends Repayment Deadline to October 2024

September 21, 2023

Mt. Gox Rehabilitation Trustee has once again extended the deadline for repayments to its creditors. The bankrupt crypto exchange has changed the deadline of the Base Repayment, the Early Lump-Sum Repayment and Intermediate Repayment from October 31, 2023 to October 31, 2024. … Read More: Breaking: Mt. Gox Trustee Extends Repayment Deadline to October 2024 Read…
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Global Debt Spikes to Record $307 Trillion Driven by US, Developed Nations

September 20, 2023

The world’s debt has surged to a record high level in the second quarter, according to the Institute of International Finance (IIF). The increase has also helped lift the global debt-to-GDP ratio which had been declining for seven quarters but is now projected to reach 337% by the end of this year. Major Markets Behind…
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Category: Japan