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Operating a crypto exchange in Japan is ‘rather tough,’ FSA chief admits

The new commissioner of Japan’s Financial Services Agency (FSA), Junichi Nakajima, believes the country needs to think carefully before making Bitcoin (BTC) and other cryptocurrencies more accessible to the general public.Nakajima believes crypto assets like Bitcoin have the potential to benefit the public as a quick and cheap way to transfer

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Ripple Partners with SBI Remit to Launch First ODL Corridor in Japan

On July 28, 2021, leading blockchain company Ripple announced the launch of RippleNet’s first-ever On-Demand Liquidity (ODL) corridor between Japan and the Philippines. Introducing Fast And Cheap Remittances The blockchain solutions provider will roll out the brand-new ODL service in collaboration with SBI VC Trade and SBI Remit, Japan’s biggest remittances provider.

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Ripple Launches On-Demand Liquidity Corridor between Philippines and Japan

The availability of the Ripple ODL option in Japan means customers of RippleNet can leverage the digital asset XRP to eliminate pre-funding and reduce operational costs.In a move to accelerate and grow cross-border payments, Ripple, the leading provider of enterprise blockchain and cryptocurrency solutions for global payments, has announced the

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Japan to test Ripple’s ODL service for money transfers to the Philippines

Showcasing the use of cryptocurrency in monetary transfers, Ripple has become a known partner for traditional institutions that wish to revamp their cross-border remittance services. Taking this vision further, Ripple announced a new partnership with Japan’s SBI Remit to transform remittance payments from Japan to the Philippines.Ripple’s latest partnership will

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Yahoo! Japan works with Line to launch NFT trading

Major Japanese internet company Yahoo! Japan has partnered with messaging giant Line to launch nonfungible token (NFT) trading.Line officially announced Tuesday that its cryptocurrency-focused subsidiary LVC Corporation would collaborate with Yahoo! Japan to enable secondary trading of NFTs issued on Line’s proprietary blockchain.As part of the partnership, Yahoo! Japan would

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Canaan Strategically Partnered with Cathay to Launch AI Facial Recognition Module in Japan

Through the partnership, both Cathay and Canaan expect to expand their international coverage as the global economy recovers with the help of technology.  Canaan Inc ADR (NASDAQ: CAN), a semiconductor solution provider, has announced a strategic partnership with Cathay Tri-Tech., Inc. (“Cathey”) to introduce its artificial

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