Japan’s second-largest cryptocurrency exchange, Coincheck, has made history by listing on Nasdaq. After months of preparation and coordination with the U.S. Securities and Exchange Commission (SEC), Coincheck shares are now trading on one of the world’s most prestigious stock exchanges.
Tokyo-based investment firm Metaplanet announced issuing 1.75 billion yen (over $11 million) to increase its Bitcoin holdings.
Director Ryo Matsubara of Japan's GameFi project, Oasys, stood as the voice of the blockchain community in discussions with the governing Liberal Democratic Party. These crucial talks, held with the LDP's Web3 Project team, tackled the intricacies of Japan's blockchain gaming industry.
Ichigo, a company based in Japan, is set to introduce the first-ever trade of tokenized securities on the Osaka Digital Exchange (ODX), with assets backed by real estate and valued at $20 million. Similarly, Kenedix, another company specializing in real estate, is planning to launch comparable initiatives.
Japan's Soramitsu is at the forefront of crafting a system that enables cross-border transactions specifically tailored to the Asian market. This initiative involves leveraging the Cambodian CBDC to cater to markets in India, China, and Japan. Additionally, Soramitsu aspires to establish a Japanese exchange for stablecoins, simplifying currency conversion across various countries.
Financial firm Metaplanet has finalized an agreement with BTC Media to establish a Tokyo-based branch of Bitcoin Magazine, aimed at engaging Japanese readers in the cryptocurrency space.
In the second quarter of 2024, crypto projects lost $572 million to fraud and hacks, more than doubling the $265 million in the same period last year. The two biggest victims were centralized exchanges: Japan’s DMM Bitcoin ($305 million) and Turkey’s BtcTurk ($55 million).
18 countries have developed a detailed set of guidelines on AI cyber security. Participants include the USA, UK, Canada, Italy, France, Germany, Australia, Israel, Japan, New Zealand, Nigeria, Norway, South Korea, and Singapore.
Regulators from the financial markets of Singapore (MAS), Japan (FSA), Switzerland (FINMA), and the United Kingdom (FCA) have formed a partnership to promote the integration of digital assets across various financial sectors.
