2022-6-3 09:34 |
Japan emerges as a precedent-setting nation by passing stablecoin regulation in the wake of the TerraUSD collapse.
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Japans parliament has passed legislation clarifying the legal status of stablecoins. The new bill also mandates that any entity providing stable crypto assets must guarantee holders the right to redeem...
2022-6-3 13:48 | |
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The crypto market underwent a massive correction period, the aftereffects even experienced till today. The largest decentralized stablecoin on the market (once upon a time), UST, faced a total collapsThe post Post the Terra UST fiasco, here's how Japan plans to protect crypto investors appeared first on AMBCrypto.
2022-6-3 13:30 | |
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Coinspeaker Amber Group Extends Its Foothold in Japan with DeCurret Acquisition DeCurret is also championing the development of a Japanese Yen-backed stablecoin through a consortium of 70 of the country’s biggest companies and banks.
2022-2-2 17:20 | |
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After the US, Japan is focusing on stablecoins and is acting to limit the number of companies that can issue these assets backed by fiat currency, according to a Nikkei report. The country’s top banking regulator, Financial Services Agency (FSA), is reportedly planning to propose legislation next year to restrict the issuance of stablecoins to […] The post Japan’s Top Financial Regulator Planning to Limit Stablecoin Issuance to Banks & Wire Transfer Companies first appeared on BitcoinExchangeGuide.
2021-12-7 18:56 | |
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Stablecoins have thrived in unregulated shadows, with tokens in circulation now worth more than $127 billion. Today, these are widely being used for transactions that resemble traditional financial prThe post Japan's FSA to introduce new legislation on stablecoin issuers in 2022 appeared first on AMBCrypto.
2021-12-7 09:50 | |
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The move comes as the Bank of Japan wants to roll out a digital yen CBDC by the end of next year.
2021-12-7 00:35 | |
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Japan's top regulator is aiming to restrict stablecoin issuance
2021-12-7 21:38 | |
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A newly-appointed financial regulator in Japan said this week that introducing laws and regulations for Bitcoin trading would impede technical innovation while supporting purely speculative gains, according to Reuters.
2020-8-8 19:00 | |
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The Japan Cryptoasset Business Association (JCBA) has created a Stablecoin Subcommittee to develop an understanding of the potential risks and benefits of stablecoins
2020-7-19 14:00 | |
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Japan’s largest financial institution, Mitsubishi UFJ Financial Group, is planning to issue the MUFG token in the second half of 2020.
2020-7-15 21:28 | |
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Chinese officials proposed a regional stablecoin backed by four major Asian currencies. The proposed digital currency is meant to stimulate trade between China, Japan, and Korea. A Cross-Border Currency Shen... The post Chinese Officials Propose East Asian Stablecoin appeared first on Crypto Briefing.
2020-5-22 05:40 | |
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A former Executive of the Bank of Japan (BOJ) has said that Facebook’s Libra prompted Central Banks to invest more resources in Digital Currency research sooner than expected. According to a report by Reuters on Jan 22, Hiromi Yamaoka, a former head of settlements and payments at the BOJ, noted that regulators might have done […]
2020-1-23 21:22 | |
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While China continues to work towards launching its own stablecoin, Japan practices caution. According to a report, the Governor of Bank of Japan, Haruhiko Kurado, has said that the central bank has nThe post Bank of Japan's Governor supports digital currency research, not issuance appeared first on AMBCrypto.
2019-11-19 16:30 | |
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Facebook’s planned Libra stablecoin could have a “huge impact on society,” says the governor of the Bank of Japan
2019-9-24 12:02 | |
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A former executive with the Japanese bank believes that globally coordinated regulation of Libra could eradicate complications with the current financial system. Facebook has stated that the launch of Libra may not ultimately happen.
2019-8-3 20:52 | |
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Monex, the Japanese online brokerage that owns the crypto exchange Coincheck, has applied to join the Facebook Libra stablecoin project. The Libra Association will make a final decision on Monex’s application by September 30, Reuters Japan reported.
2019-7-27 15:36 | |
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Japan analyses Libra influence on the economy and the impact it can have on the economy The virtual currency was announced by Facebook on June 18 Japan is analyzing the effects that the recently announced Libra stablecoin would have on the financial markets and the economy. This is according to a recent report released by […]
2019-7-14 19:28 | |
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Coinspeaker TiedCoin: A Game Changer in the Stablecoin MarketIn this article we take a look at TiedCoin - a stablecoin fully collateralized by Euro and Yen coming from Japan with the promise of instant liquidity.TiedCoin: A Game Changer in the Stablecoin Market
2019-7-4 20:29 | |
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Japan’s Mitsubishi UFJ Financial Group (MUFG) has revealed that it will finally be putting its digital currency MUFG coin… The post Japan: Mitsubishi Financial Group ($2.5 Trillion AUM) To Launch Its Stablecoin in 2019 – Which Platform Will They Use? appeared first on Invest In Blockchain.
2019-4-9 11:51 | |
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Japanese banking giant Mizuho Financial Group is preparing to issue its own yen-pegged stablecoin next month.
2019-2-26 12:41 | |
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Mizuho Financial Group (MHFG), a highly-reputed Japanese financial institution offering clients a vast array of financial services including banking, asset management and more, has announced it would launch a yen-pegged stablecoin called J-Coin.
2019-2-22 20:00 | |
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Japan’s banking giant Mizuho Financial Group will launch its digital currency platform for payments and remittance services in March
2019-2-22 14:41 | |
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Crypto Garage, a subsidiary of the Japanese IT company Digital Garage, Inc, announced on January 21, 2019, that it would test issuance of JPY stablecoins on their SETTLENET platform. The Stablecoin Euphoria Expands to Japan The blockchain fintech company will pilot a delivery versus payment settlement service between JPY tokens and digital assets in a project fully authorized under the.
2019-1-22 14:00 | |
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One of Japan’s ‘Megabank’, Mizuho Bank, has plans of launching its own cryptocurrency by March of this year. The digital asset will be pegged to the Japanese Yen thus joining the stablecoin category of cryptocurrencies.
2019-1-5 12:46 | |
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CoinSpeaker Japan’s Mizuho Bank to Launch Its Own Stablecoin by March 2019 Mizuho is launching its new stablecoin pegged to the Japanese Yen in 1:1 ration that will promote the spread of cashless digital systems in the country.
2018-12-29 19:34 | |
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Mizuho Bank, Japan’s second largest financial institution, is readying the infrastructure for a stablecoin launch in March 2019, as reported by Asia Nikkei Review. The coin is aimed at increasing low-cost cross-border transfers and remittances.
2018-12-29 13:50 | |
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According to a report published by Finance Magnets, on December 26, 2018, Japan-based company Mizuho Financial Group is primed to launch its yen-pegged cryptocurrency in March 2019. Mizuho’s Stablecoin to Be Launched in March 2019 The cryptocurrency being introduced by Mizuho will have parity with the Japanese yen and can be used to make and receive payments through a mobile.
2018-12-28 06:00 | |
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Japan’s largest shipping line Nippon Yusen K. K. (NYK) is introducing its own digital currency for crew members, Bloomberg reported citing people with knowledge of the matter. The goal is to make it easier for seafaring workers to manage, send and convert money into their local currencies.
2018-11-23 21:58 | |
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The ecosystem for USD Coin (USDC) continues to grow around the globe with exchanges in Japan and Korea joining more than 50 companies to support the fiat-backed stablecoin. Korea-based Korbit and Japan-based Liquid are just two of the latest exchanges to make USDC available for trading in recent days. Other
2018-11-13 19:29 | |
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A Japanese bank has taken advantage of the ruling that stablecoins are not cryptocurrencies. The First Bank of Toyama has launched a pilot project to test its own stablecoin, the First Bank Coin (FBC), and plans to commercialize the token in October 2019.
2018-11-5 16:59 | |
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Huobi Group revealed at the World Blockchain Summit in Dubai that the company is looking to expand its operations to the Middle Eastern, African and South Asian markets in a bid to provide services to its unbanked or underbanked residents.
2018-10-26 21:07 | |
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Japanese internet giant GMO has just announced plans to launch a new stablecoin backed by the Yen. The new coin will be called GMO Japanese Yen and is expected to arrive at some point in 2019. The company is already invested in mining hardware and cryptocurrency exchange businesses, and the launch of the coin will.
2018-10-10 17:00 | |
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The company aims to bolster its presence in the crypto market with the planned 2019 launch of GMO Japanese Yen (GJY).
2018-10-10 14:09 | |
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Japan’s GMO Internet Group has announced plans to issue a yen-pegged stablecoin called GMO Japanese Yen. Already in the crypto exchange and mining hardware businesses, the company plans to launch its third crypto enterprise with this stablecoin.
2018-10-10 03:15 | |
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GMO Internet Group is working to launch a stablecoin by 2019. In an announcement released on Tuesday, October 9, 2018, the Japanese IT conglomerate said it is putting all gears in place to begin building its stablecoin, called the GMO Japanese Yen (GJY).
2018-10-10 02:10 | |
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In this overview, we explore Kraken and its journey from a Mt. Gox alternative to soften the blow of bitcoin’s dependence on just one exchange to becoming one of the most respected cryptocurrency exchanges in the world.
2018-9-27 21:21 | |
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Months after announcing it in January, Japanese messaging giant Line has finally opened their new cryptocurrency exchange – everywhere except Japan and North America. BITBOX is now hosting trade in around 30 coins, sans fiat trading for the time being.
2018-7-16 13:10 | |
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The exchange could return as a FIU-registered firm after paying the fine, the report added.
This is the third test for the Province's new tool to combat money laundering.
The Federal Reserve continues to pilot a central bank digital currency, but will not issue one without executive branch and Congressional support, the report said.
India's most controversial crypto tax, the 1% TDS levy deducted at source, should be lowered to 0.01%, according to the findings of a new study.
Standard Chartered chose Dubai to launch crypto services from. However, reading between the lines, almost anywhere is preferable to the U.S. – that’s the message coming from banks and large institutions.
The finalized rules, set to be published in the EU's official journal, force crypto firms to report on customers' holdings to be shared between tax authorities.
Two years earlier, the exchange was warned by Japanese regulators that it was operating in the country without permission.