Morning brief: Asian stocks rise on Japan election bets; Silver, BTC hit highs

Asian markets advanced on Wednesday, led by a rally in Japanese shares, as investors positioned for the possibility of fresh fiscal stimulus in Japan and digested a complex mix of geopolitical risks, central bank concerns, and shifting currency dynamics. дальше »

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These 3 Asian markets have switched on tokenized finance faster than the US

Japan is advancing custody rules, Hong Kong is standardizing digitally native bond issuance, and Singapore has approved the first retail tokenized fund. The sequence is rules, issuance, and cash-like instruments. дальше »

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Crypto treasury companies face resistance from Asian stock exchanges

While Japan allows more flexibility, other Asian markets are cracking down on firms trying to shift their business model toward crypto accumulation. дальше »

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Crypto stocks plunge across Asia and Europe, premarket trading signals further losses in U.S. session

On April 7, crypto stocks across major Asian and European exchanges suffered steep losses, with Asian crypto stocks seeing double-digit declines. While European exchanges remain open at press time, crypto stocks there have already posted significant losses. In Japan, crypto-related… дальше »

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If Trump establishes strategic Bitcoin stockpile, Japan and other Asian nations will follow suit, says Metaplanet CEO

A strategic Bitcoin reserve by the US could trigger a global shift in financial strategies, enhancing Bitcoin's role in national economies. The post If Trump establishes strategic Bitcoin stockpile, Japan and other Asian nations will follow suit, says Metaplanet CEO appeared first on Crypto Briefing. дальше »

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Japan holds back as Thailand charges ahead in Bitcoin adoption

Two prominent Asian nations—Japan and Thailand—are taking distinctly different approaches to Bitcoin as the top crypto gains traction globally. Local media outlets from these countries have shown that Japan is adopting a reserved stance, while Thailand is exploring innovative use cases for Bitcoin. дальше »

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Spot Bitcoin ETFs remain off Japan’s agenda, says major Asian asset manager

Japan’s regulators remain cautious on spot crypto ETFs despite a global shift towards approval, according to Sumitomo Mitsui Trust Asset Management. Japan‘s regulators maintain a cautious stance on spot crypto exchange-traded funds, diverging from the more progressive approaches seen in… дальше »

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Japan PM-elect backs crypto policies with focus on NFTs, details here

Japan’s incoming Prime Minister Shigeru Ishiba plans to implement pro crypto policies. This move positions Japan as a regional leader in tech, potentially influencing South Asian countries toThe post Japan PM-elect backs crypto policies with focus on NFTs, details here appeared first on AMBCrypto. дальше »

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Is crypto regulatory clarity impossible? Asia doesn’t think so | Opinion

Japan's proactive legislative adjustments and Hong Kong's embrace of digital asset management have laid the foundation for a regulated web3 ecosystem in Asian nations. дальше »

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Circle taps Coinheck to expand its services in Japan

Stablecoin issuer Circle announced ‘plans for a partnership’ with Japanese crypto exchange Coincheck to expand USDC access in the Asian market. According to a press release on Feb. 27, Circle plans to incorporate USD Coin (USDC) in Coincheck for its… дальше »

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Crypto To Provide Russia With An Escape From Sanctions? How Japan Will Try To Prevent It

Per a report from the Japan Times, the Asian country has started to discuss ways in which Russia could use crypto to escape sanctions. The Russian Federation has been hit by the international community after the consummation of their invasion of Ukraine. дальше »

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Japan’s Financial Services Agency (FSA) Looks to Step Up Crypto Oversight: Report

Japan has always been seen as a shining light in the Asian market for crypto adoption, with favorable regulations and a pang of hunger for digital assets. However, recent events have caused many in the industry to rethink this stance, especially with the regulator now looking towards imposing stricter rules against companies in the space. дальше »

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South Korean City Threatens to Seize Cryptos From Tax Evaders

Crypto tax evasion is becoming a hot potato for the authorities in some Asian countries, such as Japan and South Korea. A South Korean city is now actively fighting against tax evaders who are suspiciously reporting meager earnings in their filings. дальше »

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Japan Set To Implement FATF Travel Rule for Crypto By 2022

Japan is set to tighten up cryptocurrency laws by implementing the Financial Action Task Force (FATF) travel rule. According to the Financial Services Agency (FSA), this will help tackle money laundering in the Asian country. дальше »

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Hathor Network, $HTR Live on KuCoin, Has Just Released Exciting News: The Detailed 2021 Roadmap

PRESS RELEASE. Hathor Network ($HTR, live on KuCoin) has just released exciting news: The detailed 2021 Roadmap. Community projects are a priority and growing, especially with Hathor CEO Yan Martins having recently emphasized the relevance of Asian business development, with strong focus on Southeast Asia, China and Japan. Hathor has proven to be a very […] дальше »

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Japan Leverages 80 Tons of Gold to Help Fund Part of Its Stimulus Package

Japan’s finance ministry has reportedly leveraged 80 tons of gold to help fund part of its huge stimulus package aimed at combating the coronavirus crisis. The Asian country, which is saddled with public debt twice the size of its economy, is under pressure to find non-tax revenues to cover the rising cost of spending to […] The post Japan Leverages 80 Tons of Gold to Help Fund Part of Its Stimulus Package appeared first on Bitcoin News. дальше »

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Ripple considers Japan for relocation plans

Ripple’s chief executive revealed that the East Asian island nation could be the next...

The post Ripple considers Japan for relocation plans appeared first on Coin Journal.

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Japan’s LINE Launches CBDC Development Platform: Report

LINE reportedly said it has several "major" Asian nations in discussions over using the CBDC platform. дальше »

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Japan’s Central Bank to Launch Its Digital Yen Pilot in 2021; China’s CBDC Accelerating Timeline

Japan is playing catch up to China’s CBDC plans, Kenji Okamura, vice-finance minister for international affairs, said in an online seminar on Friday, as Reuters reported. Speaking on the dangers of being left behind by the largest Asian economy in digital currencies, Okamura called for the country to move towards developing its own digital yen. дальше »

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Coinbase Processed $500,000 in Bitcoin Payments That Helped Ex-Nissan Chairman Flee Japan

Coinbase processed $500,000 in bitcoin payments that aided the dramatic escape of former Nissan Motor Co. chairman Carlos Ghosn from Japan, according to Bloomberg. In December, two Americans used a box to smuggle Ghosn out of the Asian country, where he was facing criminal charges for embezzlement and financial manipulation. дальше »

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Coronavirus pushes Bitcoin-friendly Japan to begin “Digital Yen” trials

The East Asian superpowers are battling it out, this time with blockchain and digital currencies as a focus. The post Coronavirus pushes Bitcoin-friendly Japan to begin “Digital Yen” trials appeared first on CryptoSlate. дальше »

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Chinese Officials Propose East Asian Stablecoin

Chinese officials proposed a regional stablecoin backed by four major Asian currencies. The proposed digital currency is meant to stimulate trade between China, Japan, and Korea. A Cross-Border Currency Shen... The post Chinese Officials Propose East Asian Stablecoin appeared first on Crypto Briefing. дальше »

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A Glimpse at the Future of Bitcoin Without the Asian Market

Since the inception of Bitcoin; the most valued Cryptocurrency by market capitalization, the Asian market has played an incredibly important role in its upsurge. From claims of Bitcoin mining being traced all the way back to Japan, to the Chinese cryptocurrency market fueling 90% of global trading in 2017, one could almost not do without […] дальше »

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Key Government Figure Says Japan Needs a Digital Yen — and Fast

According to a key figure in the Japanese Government, the Asian nation should quickly launch its own digital currency

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Line’s Digital Currency Link to Be Available in Japan as Early as April 2020

Launched in October 2018, Asian messaging giant Line’s Bitbox crypto exchange has made its link (LN) digital asset available to users worldwide, with the exception of notable locations like Japan and the U. дальше »

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Japan and Philippines Discuss Pro-Crypto Laws, Cooperation Among Asian Countries

Japanese Minister Naokazu Takemoto and Philippine Cabinet member Raul Lambino of Crypto Valley of Asia recently met to discuss Asian countries’ crypto regulations. They urge the Philippine Congress to introduce legislation on cryptocurrencies and security tokens, calling for cooperation among Asian countries. дальше »

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Crypto exchange BTCNEXT seeking Japan license

BTCNEXT, an Asian based cryptocurrency exchange, earlier this month announced it received notification from the Japan Financial Services Agency (FSA) that it must suspend services for Japanese residents. дальше »

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How Rakuten’s Latest Bitcoin Effort Could Help the Markets

Japan has long been a hotbed for crypto adoption. Not only is the pseudonym of Bitcoin’s creator, Satoshi Nakamoto, Japanese, but some of the largest cryptocurrency companies have called the Asian country their home over the past decade. дальше »

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Japan planning to set up an international network for cryptocurrency payments

Japan is at the forefront of the crypto-revolution, with the Asian giant taking the lead in bringing innovation to the field of cryptocurrencies and blockchain. This fact was further highlighted by a recent report by Reuters which said that Japan is planning to set up an international network for cryptocurrency payments, something very similar to […] The post Japan planning to set up an international network for cryptocurrency payments appeared first on AMBCrypto. дальше »

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Libra: Japan Creates Group Ahead of the G7 Summit with Nation’s Central Bank, FSA and Ministry of Finance

Asian giant Japan has set up a committee to look into the potential of the new Facebook’ s cryptocurrency project, called Libra, especially in the area of banking, finances and its ability to cripple a struggling economy if not properly tackled. дальше »

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Breaking: Japanese cryptocurrency exchange BitPoint hacked; 7 billion yen compromised

Ring in the hacking bells once again. BitPoint, a licensed Japanese cryptocurrency exchange, has been hacked, leaving over 7 billion yen [$64. 6 million USD] compromised. Japan is the latest to join the list of countries with crypto-exchanges subjected to cyber-attacks, joining the likes of South Korea, Canada, and New Zealand. дальше »

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Even Crypto-Friendly Japan is Worried by Threat of Facebook’s Libra

The list of regulators eyeing Facebook’s cryptocurrency with apprehension keeps growing less than a month since Libra was announced. According to the Nikkei Asian Review, the Bank of Japan is worried that Libra will be a big risk to the existing financial systems as it is hard to regulate. дальше »

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Japan’s CAA reports 70% increase in crypto-related enquiries and complaints

Japan has been the hotspot for cryptocurrency innovation over the past few years. However, a recent report by Statista has suggested that the popularity of cryptocurrencies within the Asian country is falling, and is lower than many countries in Latin America and Turkey, which topped the list. дальше »

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Japan Unleashes 200 Tax Specialists to Chase Undeclared Cryptocurrency Gains

By CCN: Japan is adding to its impressive compliance charge on cryptocurrencies by honing in on tax evasion. Through more stringent laws tracking cryptocurrencies, the Asian country will gain better access to data from exchanges. дальше »

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Big Banks Announce Fiat-Pegged ‘XRP Killer’ Crypto For Settlements

Banking giants in the U. S. , Japan, and across Europe have created a consortium that will use cryptocurrency technology in cross-border transfers. The move also presents a direct competitor for Ripple’s XRP token. дальше »

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Japan Leads G20 Nations’ Plot of a Global Cryptocurrency Exchange Register

By CCN: The hurdles of using crypto in money laundering are set to increase if plans by G20 countries materialize. Per Nikkei Asian Review, G20 countries are working on a deal aimed at creating a cryptocurrency exchange registry. дальше »

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Memorial Day Dow Futures Awakens as Trump Teases Breakthrough Japan Trade Deal

By CCN: US stock markets might be closed for Memorial Day, but that hasn’t stopped futures traders pumping the markets. Dow Jones Industrial Average futures rose on Monday as President Trump teased a wide-ranging trade deal with Japan as soon as August. дальше »

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Bitcoin, Not Blockchain: People Feverishly Search for World’s First Crypto

By CCN: Around the world, the majority of searches related to cryptocurrency involve the word “Bitcoin,” a new report by ConsenSys concludes. Excepting a few Asian countries, most of the world wants to find information about Bitcoin. дальше »

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Gold Hits 3-Week High as US-China Trade War Makes Investors Nervous, Will Bitcoin Follow?

After US President Donald Trump’s threat to impose new tariffs on Chinese exports, global stock markets took a fall. On Wednesday, Dow Jones ended down 1. 8%, S&P 500 fell for the fourth session, closing 1. дальше »

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‘Japan’s Warren Buffet’ Loses $130 Million in Bitcoin

One of Japan’s most infamous entrepreneurs, Masayoshi Son, lost USD $130 million during the Bitcoin correction that occurred in 2017.   Masayoshi Son was dubbed “Japan’s Warren Buffet” in an opinion piece posted by Nikkei Asian Review. дальше »

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The Need for a Crypto Regulatory Framework in Japan, Nikkei Asian Review’s Pesek Explains Why

It has recently been reported by William Pesek – from Nikkei Asian Review – that renowned Japanese investor, Masayoshi Son has lost $130 million of his own money due to investing in Bitcoin. Also serving as the CEO of SoftBank Group, which is currently valued at $100 Billion, many are questioning his decision to enter […] дальше »

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APEJ to Spend $2 Billion on Blockchain by 2022

The Asia/Pacific, excluding Japan, is expected to increase their spendings on Blockchain solutions to over $2 Billion by 2022 according to an April 23, 2019 report by the International Data Corporation. дальше »

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Blockchain Proptech Startup Propy Completes First Real Estate Transactions In Japan

Propy, Inc. , a Silicon Valley property technology (proptech) startup, has announced the completion of two blockchain-recorded property deals in Japan, a first in Asia, the startup said on Thursday. дальше »

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Popular Asian Messaging App Line Expands into Cashless Payments and FinTech

Coinspeaker Popular Asian Messaging App Line Expands into Cashless Payments and FinTechLine, one of the most popular messaging apps in Japan and other Asian countries, is going to expand its business into e-payments and other fintech services. дальше »

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Japan tightens grip on cryptocurrency margin trading

Japan, the home of the now-defunct cryptocurrency exchange Mt. Gox, is establishing stricter rules for cryptocurrency margin trading to prevent investors from getting scammed. Margin traders typically use borrowed funds from a broker to trade a financial asset, which in turn, forms the collateral for the loan supplied by the broker. дальше »

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Japan Throttles Crypto Margin Trading From 25x Down to 2x-4x in New Regulation

Following similar action by Japanese financial authorities last year, the country’s cabinet has approved a new raft of regulation aimed at bringing cryptocurrency trading into the mainstream fold. дальше »

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Korea’s Biggest Actor Invests in Crypto and That’s a Big Deal for Asian Markets

Bae Yong-joon, arguably the most influential and widely recognized actor in South Korea featured in films like Winter Sonata and The Legend, invested in a local crypto startup called Seamon. Importance of a Public Figure Investing in the Crypto Space in South Korea According to Hankyoreh, a mainstream media outlet in South Korea, Seamon is co-founded by the Norway-based Ocean Supreme, the most dominant company in the Japanese Salmon market. дальше »

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From Retailers to Major Banks, How the Crypto Sector of Japan is Exponentially Growing

In a recent development in Japan’s crypto industry, Mizuho Financial Group announced that it would launch its digital currency on March 1. According to Nikkei Asian Review, the 1. 8-trillion megabank’s digital currency service would allow users to exchange their yens for a cryptocurrency called J-Coin through an app of the same name. дальше »

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Japan’s Mizuho Financial Group to Launch Yen-pegged Stablecoin in March 2019

Mizuho Financial Group (MHFG), a highly-reputed Japanese financial institution offering clients a vast array of financial services including banking, asset management and more, has announced it would launch a yen-pegged stablecoin called J-Coin. дальше »

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Rakuten Pay Will Integrate Bitcoin Support by March 2019

In the world of finance, there is a growing demand for contactless and instant payment solutions. Rakuten, one of the famous Asian technology giants, acknowledges this demand. The company is expanding the functionality of its payments app and will also integrate cryptocurrency support. дальше »

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