Japan Revisits Organized Crime Law, Considers Seizures of Illicit Cryptoassets
By / June 8, 2022, 1:05 pm EDT

The Japanese Justice Ministry will be having conversations with the Legislative Council to discuss revisions to the law later this month

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Japan Passes Legal Framework for Stablecoins
By / June 3, 2022, 6:01 am EDT

The new legislation, which comes into effect in 2023, defines stablecoins as digital money and restricts issuance to licensed financial institutions

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Crypto Exchange FTX Launches in Japan Following Domestic Acquisition
By / June 2, 2022, 8:27 pm EDT

FTX’s new Japan-based exchange service comes on the heels of its acquisition of domestic company Liquid Group in February

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Gaming Giant Square Enix Sells Major Franchises To Fund Blockchain Initiatives
By / May 3, 2022, 6:06 pm EDT

Despite backlash, Square Enix would rather invest in blockchain gaming than retain some of its most recognizable franchises

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Japan To Revise Foreign Exchange Law Targeting Crypto Over Sanctions Evasion
By / March 29, 2022, 4:00 am EDT

Japan is tightening its crypto regulation in a bid to close the gap on Russia’s sanction evasion

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Japan’s E-Commerce Giant Rakuten Launches NFT Marketplace
By / February 28, 2022, 5:30 am EST

Rakuten said its NFT marketplace would allow for the purchase, sale and trade of virtual assets based on Japanese manga and TV shows

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Japan’s Messaging Giant LINE to Trial Crypto Payments for Online Merchants
By / February 9, 2022, 6:40 am EST

LINE is aiming to increase the usage of its native crypto LINK (LN) and will begin trialling the token’s use in payments via its messaging app

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FTX Acquires Liquid Group, Expanding Presence in Japan
By / February 3, 2022, 5:00 am EST

The latest acquisition follows FTX’s $400 million Series C funding round last month, aimed at picking up licenses in major markets

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Japan’s Proposed Stablecoin Rules ‘In Line with International Developments’
By / December 7, 2021, 6:12 am EST

In a note, cryptocurrency liquidity provider B2C2, which has significant operations in Japan, said this move was expected but the long term implications aren’t clear.

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Japanese Politicians Urge Tokyo to Speed Up CBDC Efforts
By / December 1, 2021, 8:06 am EST

A currency arms race is brewing in Asia. A Minister for Economic Security, and a former Bank of Japan governor say Tokyo must act faster to create a CBDC in light of China and Europe’s efforts.

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