As competition for digital currencies heats up, the government of Japan is considering establishing a commission to investigate the viability of a digital version of the yen. According to recent reports, the Ministry of Finance is contemplating the possibility of forming an expert panel in April to investigate whether it would be possible to issue … Read more
Fujitsu, a leading information technology (IT) company in Japan that produces computer hardware and accessories, has made a decisive step to strengthen its presence in the cryptocurrency ecosystem. This move was made in order to broaden the company’s customer base. According to a report (1), which cites a recently filed patent by the business with … Read more
Yuzo Kano, one of the co-founders of the bitcoin exchange bitFlyer based in Japan, intends to reassess his position as CEO during a stakeholder meeting that will take place the following month. Kano intends to revive the cryptocurrency company and accelerate its expansion in the direction of an initial public offering (IPO) within the next … Read more
According to reports, JVCEA, a self-regulating entity, has been issued strong warnings to get its act together as the Japanese Financial Services Agency pushes for the group to accelerate the deployment of its AML regulations. Local government officials and business professionals claim that Japan’s self-regulation “experiment” for the cryptocurrency sector is not succeeding as anticipated. … Read more