Cryptocurrency Analysis and News Portal
Investors in Japan increased their crypto holdings during the early stages of the pandemic before the government issued economic relief payments. According to a July 13 report from Japanese news outlet Nikkei, the Bank of Japan revealed that the supply of M3 in the country — a measure of various money
Read More
Regulators in Japan may be more inclined to approve new virtual currencies for trading if they have greater financial transparency and aren’t involved in gambling Dapps.According to a new report from Xangle Research on Japanese digital asset regulations, the country's financial watchdog, the Financial Services Agency (FSA), specifically says crypto
Read More
Despite the fact Ether is currently the second largest cryptocurrency by market cap, Japanese crypto holders may prefer to hold XRP. According to the results of a survey posted to Twitter by Japanese cryptocurrency exchange BITMAX on June 12, Bitcoin (BTC) is nearly as popular as the XRP token among traders
Read More
Japanese crypto firm Freessets has announced a new technology to enhance Bitcoin wallet (BTC) privacy.According to a June 8 announcement, Freessets has created a system that allows wallets to request their addresses’ Bitcoin balances without revealing it to the servers from which they request the balances or transaction history.The statement
Read More
[sociallocker id="55298"] In Japan, one of the biggest home builders is making preparations for its contracts on certain rental homes to go on the blockchain.According to an announcement posted to the company’s website on June 8, Sekisui House said that it would use blockchain for rental housing contracts, including covering
Read More
[sociallocker id="55298"] Japan’s finance minister Taro Aso says he is opposed to reducing tax on bitcoin income to 20%, on par with stock dividends, arguing that most Japanese households find it difficult to invest in digital assets.The development suggests that Japan will uphold its current definition of cryptocurrency as
Read More
[sociallocker id="55298"] Finance Minister Taro Aso suggested he was unwilling to push for lowering the tax rate on cryptocurrencies in Japan to a flat 20% because it’s difficult for many households to invest in digital assets.Aso was responding to a question from Japan Restoration Association member Shun Otokita at a
Read More
Japan-based Media Do Holdings will be investing $2.8 million towards distributed ledger technology for the distribution of its e-books.According to a May 17 article in the Nikkei newspaper, Media Do Holdings plans to invest 300 million yen — roughly $2.8 million at the time of writing — into developing a
Read More
Ripple partner and investor, SBI Holdings, announced plans to integrate Ripple-powered settlements across ATMs in Japan.The news was revealed in SBI’s latest financial report, announcing a plan to integrate the Ripple-powered settlements platform MoneyTap with ATMs run by various banks across Japan.The integration is intended to provide consumers with easier
Read More
The second largest bank in Japan will sign a deal with SBI Holdings to offer digital banking services available on smartphones.According to an April 27 article in the Nikkei newspaper, the Sumitomo Mitsui Financial Group (SMFG) and SBI have launched the first steps towards a multimillion dollar agreement expected to
Read More