Archives for: December 29th, 2022

Cryptocurrency exchange Kraken to leave Japanese market

Written by: ( December 29, 2022 )

Global cryptocurrency exchange Kraken has decided to stop its operations in Japan for the second time, citing pressure on its infrastructure amid a weak market. Deposits will be stopped as of January 9, but business operations such as trading will remain. In a December 28 blog post, Kraken said it has decided to stop operations […]

Japan has its first-ever car dealership that accepts cryptocurrency payments

Written by: ( May 9, 2022 )

SBI Motor Japan, a division of SBI Africa Co. Ltd., has announced that customers can now pay for used cars with Bitcoin (BTC) and Ripple (XRP). It’s the first time that XRP has been deployed on a Japanese cross-border eCommerce site. SBI VC Trade Co. Ltd, a cryptocurrency exchange that belongs to the SBI Group, […]

A gold-pegged cryptocurrency is coming from Japan’s largest trading house

Written by: ( February 4, 2022 )

Japanese local news agency Nikkei Asia reports that Mitsui, a Japanese trading house, is planning to issue a cryptocurrency that is gold-backed. ZipangCoin (ZPG), Mitsui’s digital currency, will be issued as early as this month. It will be accessible to retail investors via cryptocurrency exchanges. The stablecoin will be linked with gold prices at yen-denominated […]

FTX continues global cryptocurrency expansion, acquires Japan-based Liquid

Written by: ( February 2, 2022 )

Cryptocurrency exchange FTX will acquire Japan’s Liquid Group, its operating subsidiaries and one of the licensed crypto exchanges in Japan. Liquid Group announced Wednesday that FTX was purchasing Quoine Corporation, Quoine Pte. in Singapore. Quoine, one of Japan’s first crypto exchanges to be registered by the financial regulator in 2017, operates under the Liquid brand. […]