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Japanese Advertiser Dentsu Offers Influential Manga Comic Critics Blockchain Rewards

Japanese advertising behemoth, Dentsu has partnered with Kadowkawa ASCII Research Labs to help local content creators on popular streaming apps to gain recognition and have their work critiqued by the public. According to an article on April 20 by Nikkei, the partnership centres around establishing a Proof of Concept (POC) for rewards to independent content creator … Continue reading Japanese Advertiser Dentsu Offers Influential Manga Comic Critics Blockchain Rewards

Japanese E-book Publisher Turns to Blockchain for Distributiion in the Pandemic Era

A Japanese book distributor is mulling an investment in a blockchain-based platform to distribute e-books, as partial lockdowns due to the ongoing COVID-19 pandemic continue in Japan.  Books to Blockchain Japanese local publication Nikkei reported the development on May 17. Media Do Holdings, one of the biggest Japanese publication houses, is facing an expected downturn … Continue reading Japanese E-book Publisher Turns to Blockchain for Distributiion in the Pandemic Era

Japanese Based Cryptocurrency Exchange BitFlyer Reports $6.9Million Loss in 2019

Tokyo based cryptocurrency exchange BitFlyer has reported a $6.9 million loss in profit for the company’s 2019 financial year. Japan is known to accommodate over 20 accredited cryptocurrency exchanges which are a testament to the importance of the country as a major hub for cryptocurrency and blockchain-related activities. The company recorded a decline in sales … Continue reading Japanese Based Cryptocurrency Exchange BitFlyer Reports $6.9Million Loss in 2019

Japan’s Finance Minister Says No Plans to Lower Taxes for Cryptocurrencies Amid Call for Tax Rate Cut

Japan was one of the first countries around the globe to begin accepting cryptocurrency. Despite this history, Japan’s finance minister, Taro Aso, suggested that he was not willing to push for lowering the tax rate of cryptocurrencies to a flat 20% because it is difficult for the majority of households in Japan to invest in … Continue reading Japan’s Finance Minister Says No Plans to Lower Taxes for Cryptocurrencies Amid Call for Tax Rate Cut

PayPal Will Give Jack Dorsey’s Square a Run for its Cryptocurrency

Payments giant PayPal looks set to roll out cryptocurrency sales services for its 305 million users. Rumors are buzzing in the crypto sphere that payments giant PayPal are set to offer direct cryptocurrency sales for their customer base, which could see them rise up to compete with Jack Dorsey’s fintech Unicorn—Square—in the digital assets space. … Continue reading PayPal Will Give Jack Dorsey’s Square a Run for its Cryptocurrency

SEC Charges Disgraced Lobbyist Jack Abramoff With Fraud for AML Bitcoin ICO

Disgraced political lobbyist Jack Abramoff and Marcus Andrade, CEO of the NAC Foundation, have been charged with fraud by the Securities and Exchange Commission (SEC) for misrepresenting the AML Bitcoin token’s compliance. The pair also face criminal charges with the Department of Justice (DOJ) for money laundering. The SEC filed charges against Abramoff and Andrade … Continue reading SEC Charges Disgraced Lobbyist Jack Abramoff With Fraud for AML Bitcoin ICO

Bank of Japan Testing Digital Yen CBDC

The Bank of Japan (BoJ) has just announced that it will begin experimenting with a Digital Yen, its own Central Bank Digital Currency (CBDC) to test its technical application and feasibility. Although no timetable for Japan’s CBDC experimentation has been revealed, this is the first announcement by the BoJ that it will commence a Proof … Continue reading Bank of Japan Testing Digital Yen CBDC

Japan Appoints Crypto-Friendly Leader as New Financial Services Agency Commissioner

According to Jiji Press on July 7, the Japanese government has named Ryozo Himino as the next commissioner of the country’s Financial Service Agency (FSA). The crypto-friendly leader is likely to push positive reforms in the industry. A formal announcement is expected to be made later within this month. Currently, Himino serves as the International Financial … Continue reading Japan Appoints Crypto-Friendly Leader as New Financial Services Agency Commissioner

Japan Will Include Central Bank Digital Currency in Honebuto Economic Plan

The Japanese Government has continued its acceleration towards a Central Bank Digital Currency (CBDC) and is set to include its consideration in its formal economic plan. In a report from Nikkei on July 14, Japanese officials will continue to consider and discuss a CBDC in their official Honebuto Plan for Economic and Fiscal Revitalization. The … Continue reading Japan Will Include Central Bank Digital Currency in Honebuto Economic Plan

Bank of Japan Sets Up New Research Team For Digital Yen CBDC Development

Japan’s central bank announced that it has set up a new research team to dive deeper into Central Bank Digital Currency (CBDC) experimentation and development. The Bank of Japan (BOJ) is possibly preparing for a CBDC, given the recent rising demand for classless payments and growing interest among other central banks. The New Team to … Continue reading Bank of Japan Sets Up New Research Team For Digital Yen CBDC Development

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