Japan Could Come to Dominate the Bitcoin Landscape
Japan seems to have Bitcoin fever these days. Trading volume is growing exponentially in the region and organizations across the land are investing in this new technology. Now the Japanese blockchain firm TechBureau, who maintains one of Japan’s largest Bitcoin exchanges, Zaif, has just raised ¥720m or $6.5 million USD. As well as this significant....
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The sun could be set to shine brighter in Japan’s financial horizon, as regulators take another look at how Bitcoin will play a role in the country’s financial landscape. Authorities are now considering lifting a long-standing ban on Bitcoin and crypto exchange-traded funds (ETFs). This might signal a new era in the government’s outlook on digital currencies. Related Reading: Can XRP Hit $10,000? A Quadrillion Market Cap For The Coin If That Happens – Analyst If given the green light, this action would open doors for both institutional and retail investors by aligning....
The CEO of Asian bitcoin exchange Quoine says the region will dominate the bitcoin landscape over the coming years, as his company completes a funding deal worth $20 million USD. Quoine’s new investment comes from VCs and other “strategic investors.” There has been a flurry of investment announcements from Japanese bitcoin exchanges this year, with....
A deputy governor of Japan's central bank has said that central banks worldwide need to pay close attention to developments surrounding digital currencies and blockchain technology. Speaking during a conference earlier this week in Japan, Deputy Governor Hiroshi Nakaso weighed in on several aspects of the financial technology landscape, including bitcoin and blockchain technology. Noting that the technology has "attracted considerable attention", Nakaso stated in his speech: "The application of those technologies would also change the structure of the financial....