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Cryptocurrency News From Japan: Jan. 20–24 in Review

Local News This week’s headlines from Japan include several central banks collaborating on digital currency research, Binance removing the Japanese yen from its platform, Japan’s Liberal Democratic Party investigating digital assets, comments from Japan’s Deputy Prime Minister on digital currency ..

Japanese Officials Are Working on a Digital Currency

News Ruling party lawmakers in Japan are reportedly working on a proposal to issue a national digital currency, Reuters reports on Jan. 24. This appears to be a response to fears of a Chinese digital yuan. The planned digital yen would be jointly developed by the government and private companies, ..

Disgruntled Employee Stole Bitcoin from Japanese Project Vipstarcoin

News Two men have been arrested in Tokyo on suspicion of defrauding IT firm Vipstar Inc. from hundreds of thousands of dollars in Bitcoin (BTC), Mainichi reported on Jan. 23. One of the suspects is a former employee who used his access to steal money from a trading fund. Yuto Onitsuka and Takuma S..

Japanese Ex-Central Banker: Libra Spurred Us to Take CBDCs Seriously

News The former head of payments and settlements at the Bank of Japan (BOJ) says Facebook’s Libra galvanized central banks globally to look seriously into digital currency issuance. A Jan. 22 Reuters report cited remarks by Hiromi Yamaoka, who reportedly oversaw the BOJ’s research into digital cur..

Six Major Central Banks to Collaborate on Digital Currency Research

News The central banks of Canada, the United Kingdom, Japan, European Union, Sweden and Switzerland created a group with the Bank for International Settlements (BIS) to jointly research central bank digital currencies (CBDC). According to a press release published by the Bank of England on Jan. 21..

Crypto Fights for Freedom in India’s Supreme Court, Critics Cite Risk

Follow up Following the session that took place last August, a three-judge panel from India’s Supreme Court reconvened once again this week to discuss the much-hyped Crypto v. RBI case. During the last hearing, the Supreme Court had asked the Reserve Bank of India (RBI) to clarify its position as ..

Crypto News From Japan: Jan. 13-17 in Review

Local News This week’s news from Japan included additional comments against crypto trading from China, Binance’s potential involvement in Japan, positivity from the International Monetary Fund (IMF), more crypto exits from European Union (EU) regions, and stablecoin positivity from France. Check o..

Binance Exchange to Restrict Access to Japan Residents

News In a Jan. 15 announcement on Binance’s Japanese support website, the exchange revealed it would restrict access to residents of Japan at an unspecified later date. The restriction is said to be implemented gradually, with details to be revealed later, according to the announcement. Currently,..

Japanese Regulator Officially Proposes Cutting Crypto Margin Trading Leverage Cap

News The Japanese Financial Services Agency (FSA) — the country’s financial regulator — proposed lowering the leverage rate limit of cryptocurrency margin trading from 4x to 2x. The FSA announced the proposed measure on Jan. 14 in a cabinet office ordinance — an official order that is issued along..

Crypto News From Japan: Jan. 6-10 in Review

Local News This week’s news from Japan included declining trading volume, statements from prominent figures on China’s pending digital currency, a Lisk staking announcement and a blockchain-based letter of credit. Check out some of this week’s crypto and blockchain headlines, originally reported b..

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