Japan Tightens Crypto Rules
Already having one of the strictest cryptocurrency regulations in the world, Japan is going to introduce even stricter measures against money laundering in the crypto industry starting from 1 June 2023
Japan
Hitachi Dives Into Generative AI
Japan tech conglomerate Hitachi has established the “Generative AI Center” to promote the secure and efficient use of Generative Artificial Intelligence
MUFG Bank Establishes Climate Tech Growth Fund with Mitsubishi and Pavilion Private Equity
Japanese MUFG Bank established the Marunouchi Climate Tech Growth Fund to fuel the development of advanced technologies and solutions necessary for the realization of a carbon-neutral society
Bitget Launches $100m Web3 Fund for Asian Crypto Projects
Web3-friendly venture firms and projects based in Asia and working on real-world problems will be the main focus of the new $100 million fund launched by Bitget
Nissan Tries New Sales Avenues With Four Web3 Trademarks
Nissan enhanced its Web3 efforts with four new related trademarks filed in the US, while its Japan unit is currently experimenting with auto sales in the metaverse
Japanese Banks to Enter Metaverse Economic Zone
Leading Japanese banks and tech companies have joined a metaverse infrastructure project to provide payments, authentication, and insurance services for users across platforms
Bank of Japan Launches CBDC Pilot
The Bank of Japan decided to launch large-scale testing of the digital yen after two years of research into the prospects of this project.
Japanese Regulators Want Crypto Treated Like Banks
Japanese regulators want to change attitude toward cryptocurrencies.
Japanese government issues NFTs
The Japanese government pioneered the NFT project to award local authorities for digital initiatives
Japan considers tax reforms to encourage crypto startups
Reforms in the Japanese tax system would boost domestic innovation in the virtual currency sector
Where do global governments stand on the CBDC issue?
Many countries have explored and tested national digital currencies. Yet, it doesn’t mean they are going to implement them. Read how national opinions on CBDC have changed over time
Japan’s new law will allow the seizure of all stolen crypto funds
Japan’s Justice Ministry is considering revising the law on seizing digital assets that have been linked to crimes and that cryptocurrency could then be confiscated.
Mastercard signs partnership to ease digital payments in Japan
This is the first time Mastercard has signed an MOU with a local government prefecture in Japan
MoneyGram partnered Japanese fintech to enable cross-border money transfers
The service is now live for consumers
Rail travellers in Japan can now get coffee from AI-powered robot barista
A robot is now brewing coffee at the country’s two of the busiest railway hubs
Top 5 economic superpowers: who are they?
Bader Al Hussain PaySpace Magazine Analyst The world is in a state of flux where the transfer of wealth from Western economies to the Asian giants is rapidly changing the landscape of global economies. Currently, out of the five largest economies of the world, only two belong to the Western Bloc namely: the United […]
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