Japan


Web3

Mitsubishi, Fujitsu and Other Tech Firms to Create ‘Japan Metaverse Economic Zone’

The agreement is aimed at creating the infrastructure for an open metaverse and “updating Japan through the power of games.”

(B. Tanaka/Getty)

Policy

FTX Japan Customers Can Begin Withdrawing Fiat, Crypto on Feb. 21

The announcement meets a promise made in December by the ring-fenced exchange.

(Andrew Holt/Getty Images)

Finance

Zodia Custody Teams Up With SBI Digital Asset Holdings to Form Crypto Custodian in Japan

Zodia Custody and SBI are aiming to appeal to institutions interested in crypto investment and adoption.

Tokyo, Japan (Shutterstock)

Web3

Toyota to Experiment With Blockchain Use Cases by Sponsoring Astar Network's Hackathon

The auto giant may use technology developed from the hackathon to increase its business efficiency.

Toyota Motor Corporation has been exploring blockchain applications since April 2019, it revealed Monday. (Credit: Shutterstock)

Consensus Magazine

Japan Embraces Web3 As Global Regulators Grow Wary of Crypto

With tight regulations already in place that helped insulate FTX Japan and its investors from heavy losses, Japan is working on policy and guidelines for stablecoins, NFTs and DAOs as it welcomes a crypto future.

Tokyo street scene (Jezael Melgoza/Unsplash)

Videos

Coinbase to Halt Operations in Japan as Crypto Winter Drags On

Cryptocurrency exchange Coinbase (COIN) said it is halting its operations in Japan, citing "market conditions" and confirming earlier reports that it would close shop in the country. Customers have until Feb. 16 to withdraw their fiat and crypto holdings from the exchange. Fiat deposits will be halted on Friday. "The Hash" panel discusses the latest from Coinbase and the implications for the Japanese crypto market.

Recent Videos

Finance

Coinbase Confirms It's Halting Operations in Japan

Customers have until Feb. 16 to withdraw their fiat and crypto holdings from the exchange.

Bandera de Japón. (Shutterstock)

Videos

Why FTX Japan Users May Get Their Funds Back

FTX Japan customers may be able to withdraw their funds as of mid-February, according to a blog post from Liquid by FTX, which would make them some of the first customers of the collapsed crypto exchange to get their money back. CoinDesk Executive Director of Global Content Emily Parker discusses how the Japanese regulatory framework made it possible.

Recent Videos

Finance

FTX Japan to Allow Customers to Withdraw Funds Starting in February

The plan would make FTX Japan customers some of the first of the collapsed crypto exchange to get their money back.

(Unsplash)

Videos

Crypto Exchange Kraken to Exit Japan at End of January

Cryptocurrency exchange Kraken said it will exit Japan and de-register from the Financial Services Agency (JFSA) as of January 31. Umee Founder and CEO Brent Xu discusses Kraken's decision following its recent 30% layoff of its global workforce.

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