Crypto Scam: Nine Arrested For Duping Students In Japan
Police in Osaka have arrested nine suspects for allegedly using false promises and illegal tactics to lure students into investing in cryptocurrencies. According to the police, the nine suspects, including three university students, solicited investments from three universities in Osaka and elsewhere between June and September 2022. They are accused of negotiating contracts without a […]
Binance Sets to Re-enter Japan After SEBC Exchange Acquisition
Binance is set to reenter Japan after acquiring Sakura Exchange Bitcoin (SEBC), a regulated cryptocurrency exchange platform. According to the notice, Binance Japan could launch in June 2023. According to a report in a local newspaper, SEBC will cease offering its present cryptocurrency exchange and brokerage services on May 31 and reopen as Binance Japan […]
Amber Group May Sell its Japan Unit After Buying DeCurret
Amber Group, a crypto lending platform based in Singapore, is thinking about selling its Japan unit as part of a plan to focus more on institutional than retail customers, managing partner Annabelle Huang said in a Bloomberg Television interview Friday. Amber Group bought Japanese crypto exchange DeCurret last year for an undisclosed amount. DeCurret is […]
Japan shows support for OpenAI amid global bans
Japan has shown support for artificial intelligence (AI) company OpenAI’s ChatGPT chatbot amidst a sea of international bans and uncertainty for the company. Chief Cabinet Secretary Hirokazu Matsuno stated on Monday, April 10 that Japan would consider incorporating artificial intelligence (AI) technology into government systems, such as OpenAI’s ChatGPT chatbot, if privacy and cybersecurity concerns […]
Alibaba Cloud To launch Blockchain Lab In Japan
Alibaba Cloud has made known that it plans to open a blockchain research facility in Shibuya, Japan, in April. According to a formal statement, the laboratory seeks to support Japanese game developers who are interested in exploring the web3 space.Interestingly, to support the formation of the blockchain laboratory, Alibaba Cloud has teamed with Skeleton Crew […]