Japan Financial News
09.12 / 19:03
Sport
SEC
Deal
Fried
Sam
week
Today in Crypto: Sam Bankman-Fried to Testify Next Week, Regulators Postpone FTX Japan’s Suspension, Amber Group Ends $25M Deal with Chelsea FC
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________
09.12 / 17:07
Manufacturing
Action
U.S., Europe Need a Grand Bargain on Semiconductors and Electric Vehicles to Counter China
The U.S. and its allies agree they need to reduce their dependence on China. They also agree none can do so alone: No country is big enough to sustain an entire supply chain. Thus the frequent calls for “friend-shoring” among “like-minded partners.” At a meeting this week the U.S. and the European Union pledged “coordinated action to foster supply chain diversification (and) build resilience to economic coercion.”
09.12 / 14:35
regulation
stablecoins
Regulators in Japan, South Korea Want to Police Stablecoins
The top Japanese financial regulator has stated that it intends to police “algorithmic stablecoins.” And the South Korean central bank also wants the power to regulate fiat-pegged tokens.
09.12 / 13:11
business
Government
FTX reportedly gets 3 more months to stop all operations in Japan
The Japanese subsidiary of the now-defunct cryptocurrency exchange FTX has received approval from local regulators to continue sorting out issues with withdrawals until next year.
08.12 / 17:17
World Cup
crypto casino
How to Bet on Croatia vs Brazil in FIFA World Cup Quarter-Finals
Disclaimer: The Industry Talk section features insights by crypto industry players and is not a part of the editorial content of Cryptonews.com.
08.12 / 16:57
Research
Bitcoin
Cryptocurrency market is 'most mature' in these 2 countries, new Huobi report reveals
Bitcoin (BTC) and crypto are only used by 13.7% of Americans, but they generate more exchange volume than anyone else.
08.12 / 16:09
Manufacturing
Action
U.S., Europe Need a Grand Bargain on Semiconductors and Electric Vehicles to Counter China
The U.S. and its allies agree they need to reduce their dependence on China. They also agree none can do so alone: No country is big enough to sustain an entire supply chain. Thus the frequent calls for “friend-shoring” among “like-minded partners.” At a meeting this week the U.S. and the European Union pledged “coordinated action to foster supply chain diversification (and) build resilience to economic coercion.”
08.12 / 15:21
business
Adoption
Banks
Japan’s Sumitomo Mitsui to issue soulbound tokens to explore Web3
The Japanese financial group Sumitomo Mitsui Financial Group (SMBC) is moving to explore the benefits of Web3 by issuing soulbond tokens (SBTs).
07.12 / 21:03
Manufacturing
Action
U.S., Europe Need a Grand Bargain on Semiconductors and Electric Vehicles to Counter China
The U.S. and its allies agree they need to reduce their dependence on China. They also agree none can do so alone: No country is big enough to sustain an entire supply chain. Thus the frequent calls for “friend-shoring” among “like-minded partners.” At a meeting this week the U.S. and the European Union pledged “coordinated action to foster supply chain diversification (and) build resilience to economic coercion.”
07.12 / 14:19
Stablecoin
regulation
Terra
Japan recommends against algorithmic backing in stablecoins
After passing its landmark legislation on stablecoins in June, Japanese regulators are considering complementing it by restricting the algorithmic backing of stablecoins. The intention comes as a recommendation from the Financial Service Agency (FSA) and was repeated by the country’s Vice Minister for International Affairs, Tomoko Amaya.
05.12 / 17:29
Platform
Action
FATF
Bitcoin
guidelines
National
Japanese Government Set to Adopt FATF Crypto AML Guidelines into National Law
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.
03.12 / 16:57
European Commission
G-7 Sets Russian Oil Price Cap of $60 a Barrel
The Group of Seven advanced democracies agreed to cap the price of Russian crude oil at $60 a barrel, moving forward with an unprecedented sanction on one of the world’s largest oil producers months after its invasion of Ukraine.
03.12 / 08:47
business
Adoption
Investments
Funding
FTX US ex-president reportedly seeks $6M funding to launch crypto startup
Just a month after the controversial fall of Sam Bankman-Fried’s FTX exchange and 130 affiliated companies, a former high-ranking executive is reportedly seeking out investors to launch a crypto startup.
02.12 / 17:05
COST
European Frustration Over U.S. Subsidies Mounts Ahead of Key Meeting
BRUSSELS—Simmering frustration over the “Buy American” provisions attached to a sweeping package of climate-related subsidies threatens to spoil the mood at a high-level U.S.-European Union meeting Monday.
02.12 / 04:51
business
FTX
Bankruptcy
FTX Japan drafts plan to return client funds
The Japanese subsidiary of the now-defunct FTX crypto exchange has come out with a roadmap to resume withdrawals, after confirming that its customers’ assets are not part of FTX's bankruptcy proceedings.
02.12 / 04:25
Germany's World Cup dreams dashed despite victory over Costa Rica
Germany's World Cup dreams were dashed on Thursday after the team was sensationally eliminated from the tournament, despite a 4-2 win over Costa Rica in their last Group E match.
30.11 / 23:47
markets
Binance
Senate
Bitcoin
Don't’ believe the hype — Bitcoin price rally to $17K reflects improving sentiment
Bitcoin (BTC) price gained 6.1% between Nov. 28 and Nov. 30 after briefly testing the $17,000 support. Favorable regulatory winds might have helped fuel the rally after the Binance exchange announced the acquisition of a regulated crypto exchange in Japan on Nov. 30.
30.11 / 15:29
exchanges
acquires
Binance Acquires 100% of Japanese Crypto Exchange Sakura Exchange BitCoin – Here's Why
Binance has acquired 100% of Sakura Exchange BitCoin (SEBC), a crypto platform registered in Japan, to enter the Japanese market in a regulated way.
30.11 / 13:43
Blockchain
Binance
regulation
acquires
Binance acquires regulated crypto exchange in Japan
Cryptocurrency exchange Binance plans to reenter the Japanese market after acquiring a 100% stake in a licensed crypto service provider in the country, Cointelegraph Japan reported.
30.11 / 05:23
Dogecoin
cryptocurrency
Bitcoin price today
crypto prices
Top Cryptocurrency Prices Today November 30: Bitcoin jumps 3.5%, Ether spikes 8% as global crypto mcap rises
Major cryptocurrencies were trading in the green early on November 30 as the global crypto market cap rose 4.24 percent to $853.12 billion, over the last day. On the other hand, the total crypto market volume over the last 24 hours dropped 0.93 percent to $47.37 billion.
29.11 / 12:37
cryptocurrency
Crypto Exchange
All about Bitfront, the crypto exchange platform that shut down
Bitfront, a US crypto exchange backed by Japanese social media firm Line Corp, said on November 29 that it has suspended new sign-ups and credit card payments and will cease operations in a few months despite efforts to overcome challenges in the rapidly evolving industry.
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