MUFG Coins is an inevitability would “overcome issues of [existing] virtual currencies” like volatility “[to] create a highly useful currency” said bank president Nobuyuki Hirano.
With a view to legalize its ICO market, a Japanese research group proposed guidelines for regulating this form of venture-capital fundraising.
The Financial Service Agency has cracked the whip on seven exchanges for failing to comply with anti-money laundering and security procedures.
Following a recent hack resulted into $533 million-worth theft of the NEM token from Coincheck, a group of 16 registered Japanese cryptocurrency exchanges joins forces to establish a self-regulatory body in April.
A bright representative of Asian crypto market is reseeding the attitude towards ICOs as they may harm their domestic investors.
Major hack in Japan has become a reason of considering a necessity to create a new entity that will regulate the cryptocurrency industry in the country.
Japanese entertainment giant DMM Group has announced that it will operate a large-scale cryptocurrency mining farm. The company plans to become one of the top three mining farm companies in the world.
The countries have announced a collaboration agreement to support promising fintech businesses and to share information about regulatory changes and economic developments.
Japanese banking group is planning to grow its financial technology business through new acquisitions. Meantime, regulatory authorities in Abu Dhabi are working on establishing fintech ecosystem in the UAE.
Global tech companies have joined forces to launch the first Japanese blockchain industry organization with an aim of increasing public awareness of the technology.
Japanese authorities are going to start the experiment with fingerprint payment terminals this summer.