Japan Grants VC Firms Direct Crypto Investment Approval
Cabinet’s decision has set the tone for a potential legal reform that will allow Japanese venture capital firms to invest in projects that issue virtual currencies.
Japanese authorities are going to start the experiment with fingerprint payment terminals this summer.
Cabinet’s decision has set the tone for a potential legal reform that will allow Japanese venture capital firms to invest in projects that issue virtual currencies.
Cuban argued that the failure of the SEC to set “clear regulations” was what caused investors to lose their money in the FTX collapse.
Japan alone lost at least $721 million to these attacks within 5 years.
The firms are looking to create an interoperable metaverse structure called RYUGUKOKU (TBD).
Expectations are that the new rule must have been completed by midyear and adopted by that same time.
Three Asian countries have been singled out for being hit the most by FTX’s unfortunate collapse.
SBI FX Trade will become the first forex exchange firm in Japan to support CFD trading for cryptos, including BTC, ETH and XRP.
MoneyTap has officially launched its website which is a major step forward connecting several Japanese banks via Ripple solutions.
Innovative blockchain platform Module enables its users monetize unused storage on their smartphones and tablets, do smart contracts, develop apps and get paid.
Japan’s GMO Internet Group launches a mobile app “CryptoChips” that enables distribution of Bitcoin as remuneration within the game application and will offer it through a group company starting in August 2018.