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Japan, renowned for its technological finesse and gaming heritage, was once an unrivaled leader in the global technology arena. However, in recent years, it has grappled with the ascendance of Silicon Valley and China. Despite this, the advent of blockchain gaming — a dynamic sector that reinvents the gaming experience
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Warren Buffett has again increased its stakes in the 5 large trading firms in Japan where Berkshire Hathaway had a 7.4% stake. American multinational conglomerate holding company Berkshire Hathaway (NYSE: BRK) has increased its stake in a few trading firms in Japan through a wholly-owned subsidiary, National Indemnity Company. The average stake in
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied The Bank of Japan (BOJ) has completed the second stage of its CBDC experimentation and is now moving forward with its pilot project. The Bank of Japan (BOJ) has successfully wrapped up the second phase of
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China has agreed to work with Japan to promote practical cooperation in key economic and trade areas including advancements in the semiconductor industry. The global geopolitical crisis has significantly impacted the overall development of technology. The ongoing war between Ukraine and Russia, which is estimated to take several years to
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Binance, the world’s leading crypto exchange in market capital, is switching to a new platform explicitly tailored for customers in Japan to comply with local regulations. The said transition will occur this summer, with the specific
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After five years out of the Japanese market, crypto exchange Binance has begun the process of establishing a new and fully regulated subsidiary in the country. The move follows the acquisition of the regulated crypto exchange Sakura Exchange Bitcoin (SEBC) in November 2022. As part of the deal, SEBC will cease
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Japan will implement stricter rules for exchanges, including the implementation of the FATF travel rule, to combat money laundering and ensure transparency in cryptocurrency transactions. On May 23, Japan announced that it will implement stricter measures against money laundering (AML) in cryptocurrency transactions starting from June 1, in order to comply
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Japan's crypto industry has been grappling with the travel rule since 2021 when Japan’s Financial Services Agency (FSA) requested virtual asset services providers to implement it. In April 2022, Japan's Virtual Currency Exchange Association (JVCEA) introduced self-regulatory rules accordingly. In October last year, Japan's government approved a cabinet decision to
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Japan alone lost at least $721 million to these attacks within 5 years. Blockchain analytics firm Elliptic has published a study report of crypto hacks linked to North Korea. According to the report, Asia may be the favorite target in the world for these hackers. The research found out that
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