Japan

Japanese Electric Co, KEPCO Extends Power Ledger’s Blockchain-Based Energy Trading Pilot

December 17, 2019
Kansai Electric Power (KEPCO) is moving forward with a blockchain-based renewable energy trading platform trial. In order to do so, the company is working side by side with the blockchain-related company Power Ledger. The information was released by the company in a press release shared on December 9. KEPCO Moves Forward With Its Blockchain Trial As

Will Japan Be The Next Country To Launch A Central Bank Digital Currency?

December 10, 2019
A financial research institute has released a statement on legal proceedings following a digital currency for the Central Bank. Numerous countries are working towards having and using digital currencies. Japan seems to be the latest nation to jump on the wagon. Even though Bank of Japan Deputy Governor said earlier this year that there were no

Japanese Messenger Line, Nomura Holdings Form Blockchain Alliance

October 8, 2019
Japanese messaging app Line has entered into a final agreement with financial giant Nomura Holdings to form a blockchain alliance. Focus on blockchain technology On Oct. 4, Line, together with Line Group company LVC Corporation and Nomura Holdings, announced that the three companies have signed the final capital alliance agreement, which is based on the

Japan’s Kanto Region to Track Surplus Solar Energy with Power Ledger

October 7, 2019
Australian tech firm Power Ledger will run another blockchain-enabled energy trading trial in Japan’s Kanto region by December 2019. In order to launch its second trial in the country, Power Ledger has teamed up with Japanese solar provider Sharing Energy and electricity retailer eRex, the company said in a news release shared with Cointelegraph on

Japan Grants Crypto Exchange License to Messaging Giant LINE

September 11, 2019
LVC Corporation, the digital asset- and blockchain-focused arm of Japanese messaging giant LINE, has obtained a crypto exchange operating license from Japan’s financial regulator. The news was reported by Cointelegraph Japan on Sept 6. Trading for 5 major cryptocurrencies As previously reported, LVC Corp.’s trading platform, to be dubbed BITMAX, will enable Line’s 80 million

Japanese HR and Tech Giant Recruit Holdings Invests in Blockstack

August 28, 2019
Blockchain startup Blockstack PBC has received strategic investment from Japanese human resources giant Recruit Holdings. U.S. startups look for Japanese partnerships The Block reported the startup’s new funding on Aug. 22. As part of the investment deal, Recruit, which is currently valued at $50 billion, is purchasing Blockstack’s STACK tokens. Blockstack CEO and co-founder Muneeb

Ripple Teams Up with University of Tokyo and Kyoto University for Research on Blockchain

August 9, 2019
Ripple, a giant in the cryptocurrency industry, has teamed up with the University of Tokyo and Kyoto University for the University Blockchain Research Initiative. The Japanese academia has a high level of interest in crypto, according a spokesperson at Ripple. The company is committed to inspiring students with blockchain and fintech. Scholarships will be awarded

Ripple Expands Its University Blockchain Research Initiative (UBRI) To Japan

August 6, 2019
Ripple, the company that created the third-largest cryptocurrency by market cap, XRP, has decided to expand its University Blockchain Research Initiative (UBRI). Now, the company has expanded the program to Japan, which makes it present in 14 different countries. According to the reports, the University of Tokyo and Kyoto University will be a part of

G20 Leaders Reaffirm Position on Cryptocurrencies in Statement 9167

July 9, 2019
G20 leaders reaffirmed their previous stance towards cryptocurrencies in a declaration following the G20 Summit in Osaka on June 29 In the declaration, the G20 leaders state that cryptocurrencies do not currently constitute a threat to monetary stability, and that technological innovation can deliver significant benefit to the economy. The participants also welcome the ongoing work on those assets by

Japan might allow Crypto-Backed ETFs

January 9, 2019
Cryptocurrency-based exchange-traded funds (ETFs) might soon get the approval from The financial services agency in Japan. As reported, Japan’s financial market watchdog is actively exploring and considering the idea of allowance of crypto-backed ETFs. This piece of news is unexpected considering the latest news coming from Japan’s financial authorities. Just one month ago the financial