Japan Cryptocurrency
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Japan Enters Stablecoin Race With Launch of Yen-Pegged JPYC
Japan has launched its first yen-pegged stablecoin, JPYC, developed by Tokyo-based fintech JPYC Inc. Fully backed by yen reserves and government bonds, the stablecoin aims to modernise digital payments and settlements. The launch marks Japan’s entry into the global stablecoin race, long dominated by dollar-backed assets such as USDT and USDC, and...
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Japan, US Blame This Country For $300 Million Crypto Theft
A North Korean hacking group stole cryptocurrency worth over $300 million from the Japan-based exchange DMM Bitcoin, according to Japanese police and the United States' FBI.
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Bank of Japan to Follow Sweden in Cautiously Testing its Digital Yen CBDC
The Bank of Japan wants to leave no stone unturned in researching about each small element related to CBDCs. The country is working on Digital Yen and may reach to a conclusion on whether to release it or not by 2026. Japan aims to take Sweden’s thorough-study approach in developing its CBDC rather than hurrying like China, who launched a large-s...
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While The World Cracks Down, Japan Emerges As A Crypto Haven
Japan's emergence as a global center for cryptocurrencies didn't start with open-minded lawmakers or prescient investments by the country's financial giants. Instead, it began with an American felon who arrived in the country looking for a fresh start.
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Japan Penalises Several Cryptocurrency Exchanges After Hack
JPY 58 billion ($530 million) of virtual coins were lost earlier this year from hacking.
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Japan's Line to Launch Cryptocurrency Exchange Amid Hacking Fears
Line said in a statement on Wednesday that it has applied to Japan's financial regulator to operate an exchange, with the application under review.
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Hacked Cryptocurrency Exchange Coincheck Says It Will Repay Owners $425 Million
Coincheck said in a statement it would repay the roughly 260,000 owners of NEM coins in Japanese yen.
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Japan Enters Stablecoin Race With Launch of Yen-Pegged JPYC
Japan has launched its first yen-pegged stablecoin, JPYC, developed by Tokyo-based fintech JPYC Inc. Fully backed by yen reserves and government bonds, the stablecoin aims to modernise digital payments and settlements. The launch marks Japan’s entry into the global stablecoin race, long dominated by dollar-backed assets such as USDT and USDC, and...
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Japan, US Blame This Country For $300 Million Crypto Theft
A North Korean hacking group stole cryptocurrency worth over $300 million from the Japan-based exchange DMM Bitcoin, according to Japanese police and the United States' FBI.
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Bank of Japan to Follow Sweden in Cautiously Testing its Digital Yen CBDC
The Bank of Japan wants to leave no stone unturned in researching about each small element related to CBDCs. The country is working on Digital Yen and may reach to a conclusion on whether to release it or not by 2026. Japan aims to take Sweden’s thorough-study approach in developing its CBDC rather than hurrying like China, who launched a large-s...
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While The World Cracks Down, Japan Emerges As A Crypto Haven
Japan's emergence as a global center for cryptocurrencies didn't start with open-minded lawmakers or prescient investments by the country's financial giants. Instead, it began with an American felon who arrived in the country looking for a fresh start.
-
Japan Penalises Several Cryptocurrency Exchanges After Hack
JPY 58 billion ($530 million) of virtual coins were lost earlier this year from hacking.
-
Japan's Line to Launch Cryptocurrency Exchange Amid Hacking Fears
Line said in a statement on Wednesday that it has applied to Japan's financial regulator to operate an exchange, with the application under review.
-
Hacked Cryptocurrency Exchange Coincheck Says It Will Repay Owners $425 Million
Coincheck said in a statement it would repay the roughly 260,000 owners of NEM coins in Japanese yen.
