#Japan

Japan's chief regulator FSA commented on Ripple's status for the first time. It's a cryptocurrency, not a security

If Tokyo authorities approve a compensation plan, users will be paid 300,000 BCH and BTC coins

The plans include development as soon as possible and testing the new product as early as 2021. This desire coincides with the plans of the Central Bank of Japan for 2021, to develop and integrate the digital yen.

TaoTao (known as BitARG prior to Yahoo Japan's involvement) confirmed in a press release that SBI had acquired shares in Japanese operator Yahoo Z Holdings, and Japanese media reported that Taotao would become a subsidiary of SBI.

Binance is discussing cooperation with TaoTao platform for digital asset trading and Z Corporation (formerly Yahoo Japan), a subsidiary of Z Holdings, to enter the Japanese market. The digital asset trading platform is currently licensed by the country's Financial Services Agency (FSA), while Binance is not.

Central bank digital currency access for small and medium banks is on the agenda, international competition intensifies

During the COVID-19 pandemic, the Japanese began to pay less attention to high-risk crypto trading, saving money in fiat

SFC of Japan has issued 2 new licenses to Huobi Asset Management, which will now be able to advise investors on securities issues and assist in asset management