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Japanese firm CGV invests $5 million in the newly launched Layer 2 solution Blast network. The Japanese cryptocurrency investment firm CGV announced it has invested $5 million in the Blast network. This investment is part of a collaborative effort to further the development of this Layer 2 solution. Blast has garnered significant
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Proprietary trading system operator Osaka Digital Exchange (ODX) is set to kickstart the trading of digital securities in Japan through security tokens issued by two real-estate firms to fill the demand for alternative assets. In an announcement, ODX said that its trading system for security tokens commences on Dec. 25. Ichigo
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On Oct. 12, digital currency and electronic payments firm DeCurret Holdings published a white paper on its cryptocurrency project, the “DCJPY.“ The organization intends to launch the coin in July 2024.According to the white paper, the DCJPY Network will consist of the Financial Zone and the Business Zone. The former will
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A recent study has revealed that Japanese investors are choosing to invest in Ripple’s XRP over the world’s flagship cryptocurrency, Bitcoin. XRP Over
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Proof-of-stake (PoS) blockchain platform Avalanche is expecting 5-10 million transactions on a subnet as a Japanese loyalty program company that claims to have 100 million users has partnered with the network to bring their mass-scale loyalty rewards program into a blockchain. Cointelegraph’s Andrew Fenton interviewed Nick Mussallem, Ava Labs' head of
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The principal financial regulator of Japan, the Financial Services Agency (FSA), has decided to take crypto regulation into its own hands by proposing to change the tax code regarding digital assets. The request was submitted by the FSA on Aug. 31. The most notable suggestion in the 16-page document is a
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"Securing regulatory approval from the JVCEA is a monumental achievement for EOS, affirming our steadfast commitment to compliance," said Yves La Rose, CEO of the EOS Network Foundation, in a note to CoinDesk. "This landmark approval ushers in new prospects for EOS in the Japanese market, fostering stronger connections with
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Binance has partnered with the KYC provider known as Liquid to reenter the Japanese market. Liquid offers a facial authentication tool for KYC purposes. It uses an AI-based image processing capability. It enables identity verifications that
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Japanese blockchain startup Soramitsu is exploring new central bank digital currency (CBDC) applications with a new project on the cross-border payment system for Asian countries.Soramitsu will deploy Cambodia's CBDC and fiat-pegged stablecoins as part of its new payment system targeting countries like India, China, Japan and regions like Southeast Asia.The
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