City Tokyo Financial News

31.05 / 08:25

business Blockchain Adoption partnerships network XDC Network gets Japanese foothold via partnership with SBI subsidiary

Formerly known as XinFin, the enterprise hybrid blockchain solution XDC Network broadens its presence on the Japanese market by striking a partnership with SBI VC Trade Co. Ltd, a cryptocurrency exchange subsidiary of Tokyo-based financial holding company SBI.

30.05 / 12:27

regulation Terra From Beijing to Tokyo, Asian nations get active in crypto regulation: Law Decoded, May 22–29

Last week, almost all the key markets for digital assets in Asia got updates from local regulators. Lawmakers in Japan have decided to enforce stricter Anti-Money Laundering measures to trace cryptocurrency transactions from June 1.

29.05 / 23:15

Blockchain UPS Platform Software Sony Sony Announces Plans to Back Web3, NFT Startups – Japan Set for Metaverse Pivot?

The Japanese business behemoth Sony is set to invest in Web3, NFT, and metaverse firms via an incubator program.

16.05 / 01:39

Hack G7 Nations Must Do More to Stop North Korea Crypto Hacks, Japan Suggests

Not enough is being done to stop North Korea hacking crypto, Japanese government leaders have hinted at the latest G7 central bank governors and finance ministers’ summit.

21.04 / 21:37

regulation AML decentralized marketplace compliance Innovate some compliance mechanisms, US Treasury official tells DeFi community

The United States Treasury did a risk assessment of decentralized finance (DeFi) and found the sector lacking in several ways, Assistant Treasury Secretary for Terrorist Financing and Financial Crime Elizabeth Rosenberg reminded an audience at the Atlantic Council think tank on April 21. Get ready for more regulation, she said.

12.04 / 13:53

FIVE Booking Microsoft Career CEO Apple Warren Buffett says he doesn't understand AI but he asked ChatGPT to write a song in Spanish

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12.04 / 12:31

UPS FIVE CEO Warren Buffett explains why he bought 5 Japanese trading houses: I was 'confounded' by the opportunity

In this article

12.04 / 12:31

COST UPS Provident CEO Action NOT Warren Buffett says we're not through with bank failures

Investing legend Warren Buffett believes there could be more bank failures down the road, but depositors should not ever be worried.

10.04 / 18:43

New Bank of Japan Chief Says He Will Maintain Easy Money

TOKYO–Kazuo Ueda, the Bank of Japan ’s first new governor in 10 years, said he would maintain monetary easing and negative interest rates despite market expectations for an early policy change.

10.04 / 07:39

Technology Adoption regulation ChatGPT Support OpenAI finds fresh support from Japan amid global country-wide bans

Japan has shown support for OpenAI amid a sea of bans by different countries and uncertainties for the company.

07.04 / 10:03

business Mt. Gox Bitcoin Mt. Gox repayment registrations close: Here’s what’s next

The saga of the Mt. Gox cryptocurrency exchange and the repayment of its creditors continues, as the company released a new statement as to what to expect now that its registration window has closed.

07.04 / 09:47

UPS Provident NFT Nikkei Japanese Government Mulls Promoting NFTs in Sport

The Japanese government may push to adopt non-fungible tokens (NFTs) in the sports industry.

31.03 / 15:43

Man Japan Curbs Semiconductor-Gear Exports as Ties With China Chill

TOKYO—Japan said it would restrict the export of advanced semiconductor equipment, a measure that could hamper development of China’s industry and marks a further cooling of relations after the detention of a Japanese pharmaceutical-company employee in Beijing.

30.03 / 13:57

event Adoption regulation Web3 Hong Kong turns to Japan for advice after ‘mind-boggling’ Web3 influx

In light of Hong Kong’s commitment to developing cryptocurrency infrastructure, fintech official King Leung has visited Japan to talk with policymakers and regulators in Tokyo to better understand the idea around Web3 digital assets.

30.03 / 09:05

Blockchain UPS Stablecoin Digital Japanese Megabank Mitsubishi UFJ Launches Stablecoin Interoperability Pilot

The Japanese megabank Mitsubishi UFJ Financial Group and domestic blockchain players say they have teamed up to launch a stablecoin interoperability pilot.

27.03 / 15:03

Target Strategy China’s Economic Coercion Needs Congressional Response, Ambassador Says

TOKYO—U.S. Ambassador Rahm Emanuel called for congressional legislation to protect countries whose economies are targeted by China over political disputes and a global coalition to soften the blow for those countries.

27.03 / 13:49

regulation Time NOT Japan Set to Ask G7 & G20 to Bolster Crypto Regulation – And Not For the First Time

Japan is set to make another attempt to convince G7 and G20 leaders to adopt streamlined crypto regulations.

24.03 / 03:49

JPMorgan Hedge fund ExodusPoint drives recruitment with JPMorgan, BofA hires

Hedge fund ExodusPoint Capital Management is pushing ahead with new hires as part of a broader shift to bolster its portfolio management and analysis team.

21.03 / 16:53

Adoption Hackers hacks exchanges Mt. Gox Bitcoin saga Mt. Gox creditor saga: What lessons has the Bitcoin community learned?

In the early days of Bitcoin, Mt. Gox was by far the most prominent Bitcoin (BTC) exchange in the world. The Tokyo-based company was responsible for more than 70% of all Bitcoin transactions in 2013. However, by early 2014, it had collapsed spectacularly, leaving investors and traders with losses amounting to hundreds of millions of dollars.

15.03 / 17:35

Honda Big Japanese Companies Plan Largest Wage Increase in Years

TOKYO—Major Japanese companies promised to raise wages at the fastest pace in years to help workers cope with inflation, an unusual situation in a country where wages and prices have generally been flat for three decades.

14.03 / 12:23

Citi Lowe's Strategy SoftBank MSCI SVB index fall As global stocks fall, Asia-Pacific's benchmark index erases all of its gains for 2023

Asia-Pacific's leading index erased its year-to-date gains and is now flat in 2023 as bank stocks led declines Tuesday.

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