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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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Japanese blockchain developer HashPort has raised 1.2 billion Japanese yen ($8.5 million) in a Series C funding round led by Sumitomo Mitsui Banking Corporation, The University of Tokyo Edge Capital Partners and Japanese billionaire entrepreneur Yusaku Maezawa. The new round brings HashPort’s total funding to 2 billion yen ($14.2 million). According
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Binance will re-enter the Japanese market for the first time since 2018 following its November 2022 acquisition of Sakura Exchange BitCoin. Crypto exchange titan Binance will launch fully compliant digital asset services for users in Japan by
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Japanese multinational video game firm Sega Corporation is withdrawing from blockchain-based games as play-to-earn games are “boring,” according to Shuji Utsumi, the company’s co-chief operating officer cited by Bloomberg on Friday. See related article: Play-to-earn game developers pivot to engaging fansFast factsUtsumi reportedly said Sega will be withholding its biggest franchises
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