Nomura Bank Launches Bitcoin Adoption Fund
Japan’s largest investment bank, Nomura, through its subsidiary Laser Digital Asset Management, has launched a Bitcoin Adoption Fund that will offer Bitcoin exposure to institutional investors. According to the official announcement, the Bitcoin-based fund will be the first in a series of digital adoption investment solutions the company intends to launch. Nomura, a Japanese financial […]
Binance Expected to Launch Crypto Services in Japan
Crypto exchange Binance will begin offering full services for Japanese users in August, said its CEO Changpeng Zhao. Following its November 2022 acquisition of Sakura Exchange BitCoin, Binance will reenter the Japanese market for the first time since 2018.After being compelled to leave Japan in 2018 owing to regulatory concerns, the world’s largest cryptocurrency exchange […]
Japanese Regulators Warn OpenAI Against Data Collection
Japanese regulators have warned OpenAI about collecting sensitive data from users without permission and that it is prepared to take further action if there are additional concerns. Officials in Japan are tightening their position on artificial intelligence (AI) after the country’s privacy watchdog warned the parent company of ChatGPT about its data collection practices. The […]
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 […]
BoJ to launch CBDC pilot in April
The Bank of Japan (BoJ) is set to start its central bank digital currency (CBDC) pilot in April 2023. The trial intends to include commercial companies and explore a CBDC ecosystem model. The Bank of Japan (BoJ) made executive director Shinichi Uchida’s opening remarks at a CBDC committee meeting public on February 17. Uchida said […]