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Japanese Company Launches New Stablecoin Pegged to the US Dollar

A Japanese company has launched an ERC-20-compliant stablecoin that it says offers “absolute decentralization, maximum security and a reliable source of stability in the face of volatility.”As its name suggests, USDDex is directly pegged to the United States dollar, helping traders to move their money into crypto without exposing

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Japanese Banks Unite to Launch Blockchain Finance Platform Services

Five Japanese banks have collaborated to launch blockchain-based financial services infrastructure, the finance platform confirmed in a press release on March 1.Bank of Iwate, Bank of Yokohama, Aomori Bank, Akita Bank and Yamanashi Chuo Bank will work together on the platform, dubbed “Fitting Hub.” The first service available on

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Japanese Multinational Holding SoftBank Announces Blockchain ID Working Group

Japanese multinational holding conglomerate SoftBank Corp. and American telecoms-focused blockchain firm TBCASoft are to lead a new blockchain-based digital identification study group under the canopy of the Carrier Blockchain Study Group (CBSG). The development was announced in a SoftBank press release on Feb. 26.As previously reported, CBSG — a global

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Japanese Banking Giant Mizuho to Launch Its Yen-Pegged Stablecoin in March

Japan’s banking giant Mizuho Financial Group will launch its bespoke stablecoin for payments and remittance services on March 1, local financial newspaper Nikkei Asian Review reports on Feb. 21.In a partnership with around 60 counterpart financial institutions — which together reportedly host 56 million user accounts — Mizuho’s new “J-Coin”

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Japanese Bank Head Endorse Ripple (XRP) says Bitcoin (BTC) Has no Value

 Ripple price trajectory is upYoshitaka Kitao endorses Ripple (XRP)Transactional volumes on the rise SBI Holdings and Yoshitaka Kitao are Ripple (XRP) proponents and believe the coin will somehow revolutionize cryptocurrency. Anyhow, with the launch of SBIVC expected in weeks, our previous XRP/USD trade plans will be validated.Ripple (XRP) Price AnalysisFundamentalsSometimes, the

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Major Japanese Trading Firm Marubeni Partners with US Blockchain Company LO3 Energy

Japanese general trading company Marubeni Corporation has partnered with a New York-based blockchain startup to use the technology for its energy business, Marubeni confirmed in a press release on Feb. 20.Marubeni, which has expanded beyond Japan into the United States as well as Europe, selected LO3 Energy’s transactive energy platform

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CEO of Japanese Finance Giant SBI Vests His Crypto Industry Hopes in Ripple and R3

Yoshitaka Kitao, CEO and representative director of Japanese financial services giant SBI Holdings, has singled out Ripple (XRP) and blockchain consortium R3 as reasons to remain optimistic about the future of the crypto industry — bear market notwithstanding. Kitao made his remarks during an interview with Japanese crypto news outlet

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Japanese Financial Regulator Data Shows Queries About Crypto Continues to Decrease

Japan’s financial regulator has released Q4 2018 data on the number of enquiries about cryptocurrencies, showing further declines. The Financial Services Agency’s (FSA) report was published today, Feb. 8.The FSA, which is responsible for overseeing the country’s crypto ecosystem, published the latest data on enquiries from September to the end

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Major Mining Company BHP, Japanese Shipper NYK Deliver Biofuel Traced via Blockchain

Multinational metal and oil mining giant BHP has successfully tested blockchain in a conjoint experiment with Japanese shipping company NYK, shipping news magazine Dry Bulk reports Tuesday, Feb. 5.Sustainable biofuel company GoodFuels provided its product for the experiment, while BLOC — a developer of blockchain applications for the maritime industry

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