Japan Financial News
17.01 / 17:25
NFT
Tax
Agency
Tax Agency
Japanese Tax Agency Wants to Tax NFT Sales and Crypto Gaming Profits
The Japanese tax body has signaled an intention to tax non-fungible token (NFT) sales and the profits earned by crypto and blockchain gamers.
17.01 / 16:31
17.01 / 15:03
Pressure Rises on Bank of Japan for Further Policy Shift
TOKYO—The Bank of Japan is under pressure to revise policy again at its meeting ending Wednesday after investors repeatedly attacked the central bank’s new 0.5% cap for the 10-year government bond yield.
17.01 / 14:33
UPS
CEO
Platform
Monex Mulls Purchase Of FTX's Japanese Subsidiary
Monex Group, a financial services company based in Tokyo, has shown an interest in buying up the Japanese subsidiary of Sam Bankman-Fried’s defunct FTX crypto platform, according to Oki Matsumoto, the CEO of Monex.
17.01 / 08:13
regulation
banking
Japanese regulators want crypto treated like traditional banks
Financial regulators in Japan have urged global regulators to treat crypto the same way as they do banking, calling for tougher rules for the sector.
17.01 / 06:51
Digital
NOT
Central-Bank Digital Currencies Are Coming—Whether Countries Are Ready or Not
“Central-bank digital currency” doesn’t exactly roll off the tongue. But you might want to get used to saying it. These so-called CBDCs, or digital versions of dollars, yuan, euros, yen or any other currency, are coming, say those who study them. And depending on how they are designed and rolled out, their impact on the banking system could be profound.
16.01 / 19:07
Stablecoin
Binance
Gaming
Prison
Backed
Today in Crypto: Digital Assets Subcommittee in the US, Iran's and Russia's Gold-Backed Stablecoin, UK Sentences Four to 15 Years in Prison
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________
16.01 / 19:01
Provident
crypto mining
Bitcoin
Power
Japanese Power Giant TEPCO Explains Crypto Mining Plans
Tokyo Electric Power (TEPCO), Japan’s biggest power provider, has explained how it is planning to make use of surplus renewable electricity to power its bitcoin (BTC) and altcoin mining operations.
16.01 / 18:39
Digital
NOT
Central-Bank Digital Currencies Are Coming—Whether Countries Are Ready or Not
“Central-bank digital currency” doesn’t exactly roll off the tongue. But you might want to get used to saying it. These so-called CBDCs, or digital versions of dollars, yuan, euros, yen or any other currency, are coming, say those who study them. And depending on how they are designed and rolled out, their impact on the banking system could be profound.
16.01 / 16:35
business
FTX
Bitcoin
Monex wants to buy FTX Japan amid bankruptcy proceedings: Report
FTX Japan, one of the four FTX assets put on sale, caught the eye of Monex Group, an online brokerage firm based in Tokyo.
16.01 / 12:55
FTX
Ftx Trial
Will FTX Japan Depositors Really Get Their Money Back in February?
The Japanese subsidiary of cryptocurrency exchange FTX is expected to resume withdrawals starting in February, according to a Japanese senior official.
16.01 / 05:31
business
Adoption
Central Bank
Tanzania ‘cautious’ on CBDC adoption after initial research
Tanzania's central bank says it is still considering the introduction of a central bank digital currency (CBDC) but will be a taking "phased, cautious and risk based approach" after identifying several challenges that could impact its implementation.
13.01 / 15:39
business
Law
regulation
FTX
FTX allowed by bankruptcy judge to sell LedgerX, other assets
The judge in charge of overseeing the FTX bankruptcy proceedings has given the embattled crypto exchange the approval to sell some of its assets to aid its efforts in repaying its creditors.
12.01 / 15:27
CEO
CEOs Say They Expect a U.S. Recession, but Most Think It Will Be Short
Top executives in much of the world are preparing for an economic downturn that is shorter and milder than usual, so they are focused on weathering the slowdown without widespread job cuts, a new survey found.
11.01 / 20:37
business
Binance
services
approved
Customers
Binance approved to offer crypto services to Swedish customers
The Swedish Financial Supervisory Authority, one of the country’s financial regulatory agencies, has granted the local arm of crypto exchange Binance approval to manage and trade digital currencies.
11.01 / 19:41
cryptocurrency
FTX
FTX bankruptcy
Failed crypto exchange FTX has recovered over $5 billion, attorney says
Crypto exchange FTX has recovered more than $5 billion but the extent of customer losses in its collapse is still unknown, an attorney for the bankrupt company founded by Sam Bankman-Fried said on Wednesday.
11.01 / 19:08
Binance
coinbase
Gaming
genesis
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
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________
11.01 / 15:53
Citi
dealmaking
Nomura cuts 30 City bankers amid dealmaking slump
Nomura has axed around 30 dealmakers in the City as part of a broader move to trim its international investment bank as fees have slumped.
11.01 / 14:31
business
coinbase
Coinbase to close majority of Japan operations following global layoffs: Report
Crypto exchange Coinbase will be closing down most of its operations in Japan as part of its efforts to survive in the bear market. The move is part of the company’s restructuring plan and follows the recent layoff announcement that it was reducing its employees by 20%.
10.01 / 15:07
business
Adoption
Ripple
TradFi
Ripple exec expects more crypto acquisitions by TradFi in 2023
The cryptocurrency industry will see increased consolidation in 2023 as healthier companies acquire more crypto and blockchain companies, according to a senior executive at Ripple.
10.01 / 08:47
business
FTX
Bankruptcy
LedgerX
FTX units on auction block draws 117 interested buyers: Court filing
As many as 117 parties have expressed interest in buying up one or more of FTX’s independently operated subsidiaries including FTX Japan, FTX Europe, LedgerX and Embed.
what's happening in Japan
What is the current situation in Japan?
In Japan, the spotlight is on local government initiatives that spark public discussion.
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