Japanese banking giant Mitsubishi UFJ Financial Group is launching a high-throughput blockchain-based payments network next year.
Japanese IT giant GMO Internet has reported an operating loss of nearly $12 million for its crypto business in 2018, with mining worst hit.
Japanese financial services giant SBI Group has invested $15 million in slimline cold wallet provider Tangem.
A Digital Garage subsidiary has partnered with blockchain tech firm Blockstream to test atomic swaps of a Japanese yen-pegged stablecoin.
Japanese crypto exchange Coincheck, which suffered a $530 million hack in January of last year, is now a licensed entity.
Japan’s financial regulator is reportedly looking to close a loophole that lets unregistered investment firms solicit funds in cryptocurrencies.
Japan’s Financial Services Agency is considering the approval of crypto exchange-traded funds (ETFs), according to a Bloomberg source.
In his closing arguments in a Tokyo court, Mark Karpeles, former CEO of collapsed bitcoin exchange Mt. Gox, said he did not embezzle funds.
Japanese prosecutors are seeking a 10-year sentence for former Mt. Gox CEO Mark Karpeles over embezzlement of user funds.
A Japanese politician has proposed four changes to the taxation system he says will promote adoption of cryptocurrency in the country.
