2019-9-24 11:15 |
The governor of the Bank of Japan has called for global cooperation in regulating stablecoins like the Facebook-led Libra.
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After several of the most powerful countries voiced their concerns regarding Libra, Japan has joined in on urging for a cooperative framework to mitigate the risks posed by Libra. Reuters reports events from a meeting between Bank of Japan officials and business persons in Osaka, September 24, 2019.
2019-9-25 19:00 | |
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Facebook‘s controversial ‘cryptocurrency‘ Libra is facing yet more scrutiny after the governor of Japan’s central bank called for international cooperation to regulate it. According to Reuters, Haruhiko Kuroda, the Bank of Japan‘s governor, told business leaders in Osaka that a joint, international effort was crucial.
2019-9-24 14:27 | |
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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 employee of the Bank of Japan (BoJ) believes that Facebook’s Libra may threaten the impact of local monetary policies. Libra may reduce the overall effectiveness of monetary policies as well as weaken emerging markets currencies.
2019-8-4 23:00 | |
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Monex Group, the owner of Coincheck, Japan’s largest cryptocurrency exchange, has applied to join the Libra Association.
2019-8-3 22:25 | |
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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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A former Bank of Japan executive said that Libra could undermine existing monetary policy if it became widespread.
2019-8-14 17:18 | |
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Oki Matsumoto, President of Monex Group, a Japan-based financial services company backing the Coincheck cryptocurrency exchange, is interested in participating in Facebook’s Libra cryptocurrency project and has submitted an application to that effect, according to a Reuters Japan report on July 26, 2019.
2019-7-28 23:00 | |
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Japan’s established online brokerage, Monex Group Inc. has supposedly applied to onboard the Libra Project’s list of partners, with the anticipation of becoming the next to join the association, reports Coin Desk.
2019-7-26 20:08 | |
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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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Crypto News – 18 July – SEC’s Hester Peirce on Facebook’s Libra, Bitcoin hits new highs and more Don’t forget to follow us for our daily videos#bitcoin #facebooklibra #CryptoNews #CryptocurrencyNews #japan #bitcoinnews #btc #facebook #cryptocurrencies pic.
2019-7-19 19:00 | |
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While financial chiefs around the world gathered to discuss the "serious difficulties" Facebook's Libra cryptocurrency may cause, the summit was also swirling with rumors that Japan was leading the development of a government-backed international crypto payments system meant to help tackle money laundering issues.
2019-7-18 18:58 | |
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In a worsening climate for digital asset platforms and skepticism about Facebook’s Libra, Japan has come up with a renewed effort for cryptocurrency adoption.
2019-7-18 17:09 | |
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The Finance Minister of Japan urges G7 to take a different view of Libra Coin to see if there are any new potential challenges for the global finance system
2019-7-18 12:06 | |
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Asian giant Japan has set up a committee to look into the potential of the new Facebook’ s cryptocurrency project, called Libra, especially in the area of banking, finances and its ability to cripple a struggling economy if not properly tackled.
2019-7-15 20:55 | |
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Japan has set up a working group to examine the issues raised by Facebook's Libra cryptocurrency project ahead of a G7 meeting this week.
2019-7-16 17:10 | |
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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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Can Libra survive the Tokyo Drift? It has been a little over a month since Libra was unveiled and yet, it seems to have been a lot longer. The litany of reports, concerns, hearings and reactions from lawmakers regarding Libra is certainly entertaining for the cryptocurrency community, but it does pose an interesting question – […] The post Japan rolls out Libra ‘working group’ to assess macro-economic impact; looks to include G7 countries appeared first on AMBCrypto.
2019-7-13 11:00 | |
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A growing number of governments have responded to Facebook’s cryptocurrency plans including China, France, India, Japan, South Korea, Russia, Singapore, Thailand, the U. K. , and the U. S. Several intergovernmental organizations have also weighed in such as the European Central Bank and the Bank of International Settlements.
2019-7-11 08:30 | |
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Facebook's Project Libra has put the world on notice. The cryptocurrency genie is out of the bottle and regulators are nervous. From Japan to the US, authorities around the world are pushing back against the proposed digital currency.
2019-7-10 22:00 | |
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The deputy governor of Japan’s central bank predicts a large user base for Libra and warns Facebook to comply with money laundering and risk management regulations. Libra’s ‘enormous’ user base According to Bank of Japan Deputy Governor Masayoshi Amamiya, Libra could have a high user base in the future.
2019-7-6 22:10 | |
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Despite favorable regulation, Bank of Japan Deputy Governor Masayoshi Amamiya stated that digital currencies operators must comply with regulations on money laundering and risk management. The announcement was made in reference to the launch of Libra, the new global cryptocurrency from Facebook.
2019-7-6 19:00 | |
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The list of regulators eyeing Facebook’s cryptocurrency with apprehension keeps growing less than a month since Libra was announced. According to the Nikkei Asian Review, the Bank of Japan is worried that Libra will be a big risk to the existing financial systems as it is hard to regulate.
2019-7-3 15:47 | |
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Japan's central bank has joined the regulators worldwide expressing concerns over the potential risks posed by Facebook's Libra cryptocurrency.
2019-7-3 12:00 | |
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Japanese messaging company Line Corp is reportedly gearing up to launch a cryptocurrency exchange, The report comes just days after fellow tech giant Facebook announced the launch of Libra. According to Bloomberg, which cites people close to the matter, Line could receive its license this month, with exchange operations expected to begin a few weeks after it gets the green light.
2019-6-20 14:34 | |
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The net percent of global central banks cutting rates is increasing in a positive sign for risk assets, including cryptocurrencies.
The BOJ has long been seen as a major source of uncertainty for financial markets, including cryptocurrencies.
Bitcoin first and foremost is about obsoleting and obviating central banking and the economic damage and hardship they cause for regular people.
Once the BOJ begins policy normalisation, yen carry trades may unwind quickly, leading to increased cross-asset volatility.
Central bank digital currencies (CBDCs) would further corrupt fiat money, eroding purchasing power and increasing censorship.
BOJ announced a proper yield curve control tweak with semantics that camouflaged the hawkish move.
The experiment, called Project Meridian, shows it's possible to settle large synchronized transactions in central bank money, a report said.