Altcoin News Cryptocurrency News facebook japan Libra 

Japan Studies Libra as Global Criticism on Facebook’s Cryptocurrency Intensifies

When it comes to Facebook’s Libra digital currency not even one of the most crypto-friendly countries in the world is turning a blind eye to social media giant’s cryptocurrency plans and hoping all will work out well magically. Rather, Japan is taking proactive steps to understand Libra’s potential ramifications even before the cryptocurrency has gotten off the ground. According to Reuters, Japan has now set up a working group charged with the responsibility of figuring out the potential impact of Libra on financial regulation, tax payments, financial transactions and monetary…

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Crypto exchange japan regulation Trade.io 

Japan Ramps Up Scrutiny into Regulated Crypto Exchanges’ Cold Wallets

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Crypto FinTech News J-Coin japan mizuho 

Japanese Megabank Mizuho is Launching its Own Digital Currency in March

Almost a fortnight since JPMorgan unveiled its own cryptocurrency and nearly three years after conducting tests, Japanese financial giant Mizuho Financial Group has announced a launch date for its digital currency, J-Coin. According to the Nikkei Asian Review, the Japanese bank will unveil its own crypto known as J-Coin on March 1. The value of the J-Coin will be pegged to the yen with one coin being worth one yen. Mizuho Financial Group intends to use its cryptocurrency primarily in digital payments and remittances. The Japanese banking giant has partnered…

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