Mitsubishi UFJ Trust and Banking, the trust banking arm of Japan’s largest financial institution, has announced plans to launch a yen-pegged stablecoin next year. According to a report by Nikkei on Monday, …
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The Japanese government considers relaxing strict coin listing rules
The Japanese government is considering a proposal to make it easier for registered crypto exchanges to list digital assets in the local retail trading market. Sources quoted in Bloomerg said that if …
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Study: 90% of adults in Japan are still unaware of what NFTs actually are
Despite the fact that the adoption of non-fungible tokens is expected to increase in the coming years, many people around the world are still unaware of what NFTs actually are. Interestingly …
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Japanese financial services giant launching cryptocurrency fund that will invest in XRP
Japanese financial giant SBI Holdings is reportedly launching the country’s first cryptoasset fund, which will invest in XRP and four other popular digital assets. According to a report by Bloomberg, SBI intends to launch …
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Japanese money transfer firm will use Ripple ODL to transfer money to the Philippines
Showcasing the use of cryptocurrency in monetary transfers, Ripple has become a known partner for traditional institutions that wish to revamp their cross-border remittance services. Taking this vision further, Ripple announced a …
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Ripple announces new ODL corridor in Japan
Distributed ledger tech provider Ripple has announced the launch of a new On-Demand Liquidity (ODL) payment corridor between Japan and the Philippines. SBI Remit, the remittance division of Japanese finance group SBI, …
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Tokyo-Based Gaming Giant Nexon Invests $100 Million In Bitcoin
South Korean–Japanese game maker Nexon today announced a $100 million investment in Bitcoin (BTC), the world’s largest cryptocurrency by market cap, as per a release. The firm is listed on the …
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Bank of Japan begins experimenting with its own digital coin
In its recent article, Reuters has reported that the Bank of Japan (BOJ) has begun research on the feasibility of making its own CBDC (central bank digital currency). It is following in the …
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SBI Holdings Gives More Weight to Ripple and XRP
Japanese Strategic Business Innovator Group, commonly known as SBI Holdings stated that it will reward its shareholders with Ripple’s XRP for the second year in a row, after a successful first round …
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SEC To Request Personal Financial Information on Ripple Executives
More developments on the Ripple vs. the SEC legal front as the Commission has requested personal financial information of the company’s CEO, Brad Garlinghouse, and co-founder Christian Larsen. Simultaneously, the …
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