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Japan
Japan Sets Penalties on Crypto Exchanges for Violating Russia Sanctions: Report
Fines could reach as much as 1 million yen ($8,500), with executives facing up to three years in prison.
Russian Attack Hits Crypto: MUFG to Close Blockchain Venture
Crypto market drops after Putin announces military operation in Ukraine. Japan’s biggest financial group to shutter blockchain payment venture. Chinese authority makes clarification over crypto mining ban. We’ll have more on those stories and other news shaping the cryptocurrency and blockchain world in this episode of “The Daily Forkast.”
Japan's Mitsubishi UFJ Financial Ends Blockchain Payment Network Plan
Slow growth in transaction numbers caused by COVID-19 made it difficult to expand the business at the pace originally planned.
Bandai Namco Plans IP Metaverse; Russia’s Crypto Flip
UN approves Chinese NFT standard. Japan’s Bandai Namco to create IP metaverse. Russia U-turns on crypto, but will it last? We’ll have more on those stories and other news shaping the cryptocurrency and blockchain world in this episode of "The Daily Forkast."
Bithumb Goes for Olympic Gold; India Crypto Tax Questions
Japanese megabank to take advantage of stablecoin law. Korea’s Bithumb gets in on Winter Olympics action. Lack of clarity clouds India crypto tax. We’ll have more on those stories and other news shaping the cryptocurrency and blockchain world in this episode of "The Daily Forkast."
Japan's Biggest Bank to Issue Yen-Pegged Stablecoin for Settlement: Report
The trust banking arm of Mitsubishi UFJ plans to use blockchain technology for securities trading with the stablecoin acting as a payment instrument.
Japanese Trading House Mitsui to Launch Gold-Linked Cryptocurrency: Report
ZPG coin will also be used for digital payments, Nikkei Asia reported.
Nintendo President Vague on Company's Metaverse Plan
Shuntaro Furukawa remains noncommittal to the metaverse, while investors target Nintendo's stock as an undervalued metaverse play
Japan's Crypto Exchanges Body Considers Easing Rules for Token Listings: Report
The industry association has to approve token listings on exchanges.
FTX Buys Crypto Exchange Liquid Group for Expansion in Japan
The deal announcement follows FTX closing a $400 million round at a $32 billion valuation.
