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Japanese Senior LDP Lawmaker Calls For Digital Yen Development Within 2-3 Years

Another of the senior lawmakers in the Japan’s Liberal Democratic Party (LDP) has called for the urgent development of the digital yen so that Japan can compete with China in this sector. Kozo Yamamoto, more exactly, said on February 10 that Japan should create its own digital currency in 2 or 3 years. As reported […] дальше »

2020-2-10 19:23


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Japan Fears China’s Digital Currency, Suggests Timeline for Digital Yen

Rumors that Japan was preparing plans for a digital yen have been confirmed today. A senior ruling party lawmaker Kozo Yamamoto stated: “the sooner the better. ” Digital Yen to Counter Libra Threat As part of a six-central-bank coalition including the UK, Sweden, and the EU, Japan appeared to be taking a slow but steady approach toward a state-backed digital currency. дальше »

2020-2-10 15:00


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Japan Must Be Ready to Issue CBDC If the Need Arises, Says BOJ Deputy Governor

With Japanese lawmakers pushing for a digital yen, Masayoshi Amamiya, deputy governor of the country’s central bank says Japan needs an agile action plan for a central bank digital currency (CBDC). No immediate Plans to Launch Digital According to Reuters, Amamiya says the Bank of Japan (BOJ) has no immediate plans to launch a CBDC. дальше »

2020-1-31 02:00


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Japanese Lawmakers to Propose Digital Yen in Response to China’s Digital Yuan 

A group of Japanese lawmakers from the country’s ruling Liberal Democratic Party is planning on a proposal for Japan to issue a national digital currency, otherwise known as the digital yen. The need to develop a digital yen would seek to counter China’s digital yuan; meanwhile, more central banks across the globe are either studyingRead MoreRead More. дальше »

2020-1-26 02:00


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Bitcoin Thieves Arrested in Japan for Pilfering $700k in BTC

The Japanese police arrested two suspects for the theft of Bitcoin (BTC) from the coffers of the relatively small market operator CoinExchange. Internal Information Helped Order Bitcoin Withdrawals for Personal Enrichment Yuto Onitsuka, 25, and Takuma Sasaki, 28, reportedly stole 78 million yen in Bitcoins, equivalent to about $710,000, reported Japan Times. дальше »

2020-1-24 11:15


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 »

2019-7-12 09:30