Over 10 New Bitcoin Exchanges Set to Launch in Japan

Over 10 New Bitcoin Exchanges Set to Launch in Japan

As Japan becomes a friendlier place for bitcoin with embracive legislation, over 10 Japanese companies are reportedly launching bitcoin exchanges to capitalize on the growing demand for the cryptocurrency. According to a Nikkei report, the cryptocurrency...
Japanese Banks Trial Virtual Currency For Funds Transfers

Japanese Banks Trial Virtual Currency For Funds Transfers

Members of a Japanese bank consortium focused on blockchain are set to test a virtual currency-based funds transfer system. Institutions including Bank of Yokohama, Mizuho Financial Group and Resona Bank are taking part in the new trial, according to a report from...
Blockchain Could Expand Central Bank Access, Says Bank of Japan

Blockchain Could Expand Central Bank Access, Says Bank of Japan

Central banks could allow access to accounts around the clock if they used blockchains or cryptocurrencies, a senior Bank of Japan official speculated last week. Speaking during a finance forum on 21st April, deputy governor Hiroshi Nakaso touched on the subject of...
Japanese City Seeks Bitcoin Donations to Preserve Historic Park

Japanese City Seeks Bitcoin Donations to Preserve Historic Park

As part of a bid to preserve a historic park, a city in Japan is reportedly raising donations in bitcoin. The city of Hirosaki, according to a report from national public broadcaster NHK, is collecting funds to maintain more than 2,000 cherry blossom trees, as well as...
Japan’s Government Develops Method for Assessing Blockchains

Japan’s Government Develops Method for Assessing Blockchains

In light of the hype and lack of clarity surrounding blockchain, one of Japan’s government ministries has developed a methodology for evaluating projects in the industry. The Ministry of Economy, Trade and Industry (METI) published details about the methodology,...
Japan Accepts Bitcoin as Legal Payment Method. What’s Next?

Japan Accepts Bitcoin as Legal Payment Method. What’s Next?

Legislation making bitcoin and virtual currencies legal currency took effect this month in Japan. The country’s Financial Services Agency released a text of the law last week. The Accounting Standards Board of Japan will create a framework to determine how the...
Japan’s Bitcoin Law Goes Into Effect Tomorrow

Japan’s Bitcoin Law Goes Into Effect Tomorrow

Japan is set to begin recognizing bitcoin as a legal method of payment starting tomorrow. The country’s legislature passed a law, following months of debate, that brought bitcoin exchanges under anti-money laundering/know-your-customer rules, while also...
Translate »

Welcome To

JITLA Gold News

FREE Subscription

Tomorrows Technology Today

Email Subscription Below

You have Successfully Subscribed!