Japan


Markets

SoftBank Eyes Blockchain to Solve Issues With Online Authentication

Japanese telco SoftBank is exploring blockchain tech as a way to improve upon current centralized and fragmented ID and authentication services.

softbank, bank

Markets

Japan’s Biggest Bank Launching Blockchain Payments Network in 2020

Japanese banking giant Mitsubishi UFJ Financial Group is launching a high-throughput blockchain-based payments network next year.

MUFG (Shutterstock)

Markets

GMO Internet’s Crypto Business Reports $12 Million Loss in 2018

Japanese IT giant GMO Internet has reported an operating loss of nearly $12 million for its crypto business in 2018, with mining worst hit.

BTC and yen

Markets

Japan’s SBI Invests $15 Million In Crypto Card Wallet Maker Tangem

Japanese financial services giant SBI Group has invested $15 million in slimline cold wallet provider Tangem.

Tangem cold wallet card

Markets

Digital Garage to Test Yen-Pegged Stablecoin on Blockstream Network

A Digital Garage subsidiary has partnered with blockchain tech firm Blockstream to test atomic swaps of a Japanese yen-pegged stablecoin.

bitcoin and yen

Markets

Coincheck Wins Crypto Exchange License 12 Months After Major Hack

Japanese crypto exchange Coincheck, which suffered a $530 million hack in January of last year, is now a licensed entity.

Tokyo, Japan

Markets

Japan Eyes Regulation of Unregistered Crypto Investment Schemes

Japan’s financial regulator is reportedly looking to close a loophole that lets unregistered investment firms solicit funds in cryptocurrencies.

Bitcoin keyboard

Markets

Japan's Financial Regulator May Approve Crypto ETFs: Report

Japan’s Financial Services Agency is considering the approval of crypto exchange-traded funds (ETFs), according to a Bloomberg source.

tokyo

Markets

Mt Gox CEO Mark Karpeles Claims Innocence as Trial Nears End

In his closing arguments in a Tokyo court, Mark Karpeles, former CEO of collapsed bitcoin exchange Mt. Gox, said he did not embezzle funds.

Mark Karpeles

Markets

10-Year Jail Term Sought for Former Mt Gox CEO Mark Karpeles

Japanese prosecutors are seeking a 10-year sentence for former Mt. Gox CEO Mark Karpeles over embezzlement of user funds.

Mark Karpeles