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A crypto-sympathetic official has been named as the next leader of Japan`s Financial Services Agency.Jiji Press reported on July 7 that the Japanese government has decided to appoint Ryozo Himino to the next commissioner of Japan's Financial Services Agency (FSA). The official announcement will be made this month. Cryptox has
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The biggest credit card issuer in Japan, JCB, has partnered with technology accelerator TECHFUND to build a sustainable transaction system on the blockchain.According to a May 15 statement released by JCB, the partnership will utilize TECHFUND's expertise on security token offerings (STOs) and staking to create a new platform for
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Sharing is caring!Nomura Securities (NS) joined the Nomura Research Institute (NRI) and BOOSTRY have joined up in a venture to create Japan’s first digital asset bond and digital bond to use value co-creation to help develop the countries’ capital markets, along with solving social issues. The digital asset bond was offered
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Two companies have developed a blockchain-based solution to address the large number of vacant homes in the Japanese countryside.Securitize, a compliance platform for token issuers, has joined forces with Tokyo-based LIFULL to create a funding platform using digital securities to invest in real estate. According to a March 10
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Global economic headwinds are reaching critical levels after a horrific Japanese GDP figure on Sunday. With China, Germany and Japan all slowing even before the coronavirus hit, recession risks continue to rise. The great divergence between economic fundamentals and stock market returns continues as Dow Jones, S&P 500 and Nasdaq futures rose
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Sharing is caring!Leading Japanese financial services company SBI Holdings has invested $20 million in OpenLegacy, the market leader in microservice-based APIs for legacy and core systems with a focus on instituting Ripple-powered Moneytap, a blockchain-based payment application in Japan and globally and building Internet banking across SBI’s growing portfolio of Japanese banks. “OpenLegacy
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Nomura Research Institute (NRI) will launch a benchmark rank and compare Japanese cryptocurrency assets on Friday.The Tokyo-based management consultancy and research firm said the “NRI/IU Crypto-Asset Index Family” – created in coordination with Intelligence Unit LLC (IU) – will be available through NRI’s financial information database, IDS, to domestic
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Japan’s Financial Services Agency is planning to impose strict restrictions on permitted leverage for margin trading in cryptocurrency exchanges. The planned changes were reported by the Japanese news outlet Japan Times which references sources at the agency.The financial regulator is pushing for these restrictions in order to reduce the risk
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Japan's top financial regulator plans to reduce the risk to cryptocurrency margin traders by cutting the permitted leverage to two times the deposit. The Financial Services Agency will impose the new rule in a revision to the Financial Instruments and Exchange Act expected in spring, Japan Times sources said in
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Japan’s top credit card issuer JCB plans to adopt a new business-to-business (B2B) payment solution based on blockchain technology.JCB has signed a Memorandum of Understanding (MoU) with blockchain-based commercial payments platform Paystand to develop a digital payment platform for enterprises and customers in Japan, CryptoX Japan reports Dec. 20.Initiative
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