Japan’s Ministry of Economy, Trade and Industry (METI) has taken a bold step towards the future by launching a pilot program. It focused on promoting the adoption of digital public goods through Web3 and blockchain technology. This initiative involves major players such as PricewaterCoopers(PwC), Rakuten, and NTT Digital; moreover, it
Metaplanet, a prominent player in the cryptocurrency space, has made headlines once again. On the official X page, @Metaplanet Inc. has shared the details of new Bitcoin purchases. The Japanese Public Company has acquired an additional ¥500 million worth of Bitcoins. This is after it announced its intention to acquire
The Bank of Japan (BOJ) confirmed today that they will not raise interest rates amid turbulent financial and capital markets. Deputy Governor of BOJ, Shinichi Uchida stated the need of maintaining monetary easing with the current policy interest rate in a meeting in Japan. The Japanese yen continued its losses
Gaming-focused blockchain network Oasys is striving to expand the cryptocurrency gaming sector in Japan with a new collaboration with SBINFT Market, an NFT marketplace managed by a division of SBI Group, the Tokyo-based banking behemoth. Oasys, a chain that has attracted attention from major players in the traditional video game industry including
The IVS KYOTO Executive Committee is thrilled to announce that in the next weeks, it will host one of Japan’s biggest and most renowned annual crypto conferences. This year’s Japan Blockchain Week Summit will take place at the Kyoto Pulse Plaza with the three-day IVS Crypto 2024 KYOTO event, which runs
Ripple, a prominent player in the blockchain and crypto sector, has forged a strategic alliance with HashKey DX, the consulting arm of HashKey Group based in Tokyo. This partnership aims to introduce innovative solutions powered by the XRP Ledger (XRPL) to the Japanese market. Leveraging this partnership, HashKey DX will
Animoca Brands Japan, a subsidiary of the legendary Web3 investor Animoca Brands, unveiled an initiative to support global Web3 projects seeking to expand in Japan. Launched on Tuesday, April 3, 2024, the initiative by Animoca Brands Japan underpins the growing demand for digital assets around the world to hedge against
The first Japanese stablecoin backed by bank deposits was introduced by Hokkoku, a provincial bank in Japan. This move caused quite a stir. Concerned Japanese crypto aficionados are weighing the benefits and drawbacks of the new development. Furthermore, the stablecoin’s functionality is under scrutiny. The success of their Tochituka app,
In a major development for Japan’s financial landscape, the nation’s cabinet has greenlit a proposal that would allow cryptocurrencies to be included in the list of assets accessible to local investment limited partnerships. This move, announced by the Ministry of Economy, Trade and Industry on February 16, marks a pivotal
Japan is a crypto-friendly nation, and businesses there are now trying to figure out how to increase Bitcoin utilization. According to Mercari, one of the biggest e-commerce platforms in Japan, users will be able to buy using Bitcoin beginning in June this year. The business’s cryptocurrency subsidiary, Melcoin, located in
