Japan


Finance

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.

Tokyo, Japan (thetalkinglens/Unsplash)

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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.

CEO Mike Kayamori "could not stand failing," said a source close to Liquid. (Photo: World Economic Forum, modified by CoinDesk)

Videos

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.”

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Finance

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)

Videos

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.

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Finance

First Mover Americas: Bitcoin Trades at Discount in Japanese Yen Markets

The latest moves in crypto markets in context for March 30, 2022.

News headline labeled "Cryptocurrency"

Finance

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.

"Justice" (Metropolitan Museum of Art)

Policy

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.

Japan's National Diet Building (fotoVoyager/Getty images)

Finance

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.

LONDON, ENGLAND - NOVEMBER 09: In this photo illustration, a flipped version of the Coinbase logo is reflected in a mobile phone screen on November 09, 2021 in London, England. The cryptocurrency exchange platform is to release its quarterly earnings today. (Photo illustration by Leon Neal/Getty Images)

Finance

Crypto Exchange Coincheck to List on Nasdaq via $1.25B Merger

The proposed listing will be through a deal with a blank check company.

Tokyo's Shinjuku neighborhood (segawa7/Shutterstock)