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Japan
Japanese Bank Sumitomo Mitsui Trust to Establish Digital Asset Custodian: Report
The bank's pivot to digital assets comes alongside a global banking shift toward cryptocurrencies.

How Not to Run a Cryptocurrency Exchange
At Japan's Liquid exchange, recently acquired by FTX, warnings were ignored, breaches unreported and employees berated and cursed at, insiders say.

Square Enix Sells Tomb Raider; US, China’s Crypto Fate
Algorand becomes 2022 FIFA World Cup’s new blockchain partner. Japan’s Square Enix sells Tomb Raider and other titles for blockchain ventures. Skybridge’s Anthony Scaramucci says the U.S. and China can’t ignore crypto. Those stories and other news shaping the cryptocurrency and blockchain world in this episode of “The Daily Forkast.”

FTX Closed Acquisition of Liquid Exchange a Few Days Late
The news came to light in an email to Liquid's shareholders.
![A delay in paying shareholders “shows that the existing international wire transfer [system] is fundamentally broken,” Liquid CEO Mike Kayamori said. (Photo: World Economic Forum)](/_next/image?url=https%3A%2F%2Fcdn.sanity.io%2Fimages%2Fs3y3vcno%2Fstaging%2F0bbdba4493f2fce988314f11cfc3ffcf71fbe98d-1440x960.jpg%3Fauto%3Dformat&w=1080&q=75)
BSN Developer’s NFT Warning; LINE Launches NFTs
BSN developer says “investment targets” NFTs won’t survive in China. Bybit explains their move to Dubai and plans for global growth. Messaging app LINE launches NFT marketplace in Japan. Those stories and other news shaping the cryptocurrency and blockchain world in this episode of “The Daily Forkast.” We’ll be back on Tuesday after Easter break.

First Mover Americas: Bitcoin Trades at Discount in Japanese Yen Markets
The latest moves in crypto markets in context for March 30, 2022.

Ex-Employee Claims Liquid Global Exchange 'Scapegoated' Her for $90M Hack
The wrongful termination suit comes as the Japan-based crypto exchange is expected to close on the sale of itself to powerhouse FTX.

Japan to Plug Loophole to Prevent Russia From Evading Sanctions Through Crypto: Report
Reuters reports a number of top government officials promising an imminent change to the country's Foreign Exchange and Foreign Trade Act.

Coinbase to Require Recipient Information for Crypto Transfers From Users in Canada, Singapore and Japan
Customers in those countries who send crypto outside their Coinbase accounts must provide recipients' names and addresses starting in early April.

Crypto Exchange Coincheck to List on Nasdaq via $1.25B Merger
The proposed listing will be through a deal with a blank check company.
