Japan Has Become a Big Player Within the Bitcoin Economy
Over the past year, Japan has been laser focused on digital currency and blockchain solutions. Moreover, the country has recently become the second largest Bitcoin trading region in the world. Now one of Japan’s largest IT conglomerates plans on entering the Bitcoin industry with a new wallet and exchange service. Japanese Internet Giant Goes Big On....
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Having overtaken the US, Japan has become the world’s second Bitcoin market, after China. Will the Empire of the Sun move ahead of all to completely embrace digital assets? Japan has recently overtaken the United States to become the world's second largest Bitcoin market. This development may come as a surprise to many considering the decline that the Japanese economy has had over the last two decades. But will the Empire of the Sun move ahead of all to completely embrace digital assets? A Galapagos environment. Japan is an unusual case even among developed nations. The insular nature of....
Major economies in the world today, are struggling to grow even at modest rates. Each of the prominent economies, including US, Europe, China, and Japan, are struggling to come out of the protracted economic slowdown because of various domestic and foreign factors. China's housing market bubble is about to burst, Europe has recently embarked on a massive quantitative easing program to boost inflationary expectations, Bank of Japan is expecting inflation to touch zero levels, and US Fed is still not sure about raising historically low-interest rates even as it shows confidence in the....
Japanese cryptocurrency exchange Zaif continues to make media headlines in quick succession as of late. The company announced on July 3rd how they had added the XEM cryptocurrency to their trading platform. Keeping in mind how XEM has seen a spectacular value increase over the past few months, this is not entirely surprising. It is not uncommon for cryptocurrency exchanges to add new coins to their platform. The addition of XEM to Zaif is quite noteworthy, though, considering how the New Economy Movement concept has a huge following in Japan. In fact, Japan is the driving power behind the....
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