Altcoins
Prime Minister Fumio Kishida says NFTs and DAOs can bolster ‘Cool Japan’ strategy
NFTs and DAOs can help support Japan’s national strategy dubbed ‘Cool Japan’ to attract investment and expand the economy.
Danny Park
Lens
Japan
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Regulation
Japan’s financial regulator aims to lift ban on foreign stablecoins by June this year
Japan plans to introduce regulations by June this year that will allow domestic investors to trade certain stablecoins from overseas.
Danny Park
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Bitcoin News
Coinbase asks Japan customers to withdraw holdings as it halts operations
Coinbase Global Inc., the world’s second largest cryptocurrency exchange by trade volume, has asked customers in Japan to withdraw crypto and fiat holdings by Feb. 16, as it halts operations “to conduct a complete review” of its business in the country.
Pradipta Mukherjee
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Crypto Trading and Strategies
Monex Group expresses interest in bidding in upcoming sale of FTX Japan: Bloomberg
Tokyo-based online brokerage Monex Group Inc. indicated it may join the bidding for the Japan subsidiary of the failed FTX cryptocurrency exchange.
Danny Park
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Regulation
Coinbase to cut jobs, shut down most of its cryptocurrency operations in Japan
Coinbase, the world’s second largest cryptocurrency exchange by trade volume, is cutting jobs and closing down most of its operations in Japan.
Danny Park
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Blockchain Security
Final Fantasy’s Square Enix stays committed to blockchain despite backlash
Yosuke Matsuda, the president of Square Enix, has reaffirmed the gaming company’s commitment to blockchain technology.
Danny Park
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Metaverse Platforms
Japan game maker Gumi strikes US$52 mln metaverse deal with Square Enix, SBI
Japan-based game company Gumi has announced a business alliance with Square Enix SBI Holdings to grow its metaverse business.
Danny Park
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Regulation
Kraken to shut Japan operations
Kraken announced on Wednesday that it will “cease its operations” in Japan and deregister from the Financial Services Agency.
Pradipta Mukherjee
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Regulation
Japan plans to lift ban on stablecoins issued overseas: report
Japan's Financial Services Agency (FSA) reportedly plans to allow the circulation of foreign-issued stablecoins in the local market next year.
Ningwei Qin
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Regulation
Japan plans to ease corporate tax rates for cryptocurrency issuers
Japan’s ruling party approved a proposal that exempts companies issuing crypto from taxes on unrealized gains on retained tokens.
Danny Park
