Japan

Japan’s Financial Regulator: Local Impact From FTX Collapse ‘Minimal’
Japan’s Financial Regulator: Local Impact From FTX Collapse ‘Minimal’
November 16, 2022  |  Regulation

Aiming to determine Japan’s exposure to FTX, the country’s Financial Services Agency (FSA) has reportedly asked local cryptocurrency exchanges if the collapse of FTX and...

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Opn Enters US Payments Market With $400M MerchantE Deal
Opn Enters US Payments Market With $400M MerchantE Deal
November 15, 2022  |  Acquisitions

Japanese FinTech unicorn Opn has entered the American payments market with its purchase of MerchantE, a B2B digital commerce platform. “With the acquisition, Opn’s global...

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FTX Japan Gauges Whether Customers Can Get Refunds
FTX Japan Gauges Whether Customers Can Get Refunds
November 14, 2022  |  Cryptocurrency

The Japanese arm of collapsed cryptocurrency exchange FTX is trying to determine whether the company’s recent bankruptcy will affect its ability to refund digital assets....

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Today in Crypto: California Targets 11 Firms for Alleged Securities Violations; FTX.US President Brett Harrison Steps Down to Advisory Role
Today in Crypto: California Targets 11 Firms for Alleged Securities Violations; FTX.US President Brett Harrison...
September 27, 2022  |  Cryptocurrency

In a speech at a conference on finance tokenization, François Villeroy de Galhau, governor of the Banque de France, said the bank is working on...

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Japan’s Rakuten Picks Goldman to Run Potential Banking IPO
Japan’s Rakuten Picks Goldman to Run Potential Banking IPO
September 21, 2022  |  IPO

Japan’s Rakuten Group has tapped Goldman Sachs and Daiwa Securities to oversee an initial public offering (IPO) for its banking unit. That’s according to a...

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Amazon Reportedly Eyes Japan’s Prescription Drug Market
Amazon Reportedly Eyes Japan’s Prescription Drug Market
September 05, 2022  |  Amazon

Amazon is considering entering the prescription drug sales market in Japan, according to a Reuters report Monday (Sept. 5). If it does so, it plans to...

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Crypto Regulation Weekly: Exchanges Face Anti-Fraud Questions; Japan Loosens Crypto Rules as Singapore’s Tighten
Crypto Regulation Weekly: Exchanges Face Anti-Fraud Questions; Japan Loosens Crypto Rules as Singapore’s Tighten
August 31, 2022  |  Cryptocurrency

Five large cryptocurrency exchanges, Binance.US, Coinbase, FTX, Kraken, and KuCoin, have been asked to explain the steps they are taking to protect customers from consumer...

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Japan’s Financial Regulator Wants to Ease Crypto Tax Rules
Japan’s Financial Regulator Wants to Ease Crypto Tax Rules
August 31, 2022  |  Cryptocurrency

Japan’s Financial Services Agency is calling for less stringent corporate tax rules for cryptocurrency assets and individual stock investors. The proposed moves are in aid...

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EMEA Daily: Wise Fined $360K for AML Violations by Abu Dhabi Regulator; PalmPay Hits 10M Users in Nigeria
EMEA Daily: Wise Fined $360K for AML Violations by Abu Dhabi Regulator; PalmPay Hits 10M...
August 30, 2022  |  emea

Today in Europe, the Middle East and Africa, Wise has been slapped with a $360,000 fine by Abu Dhabi’s anti-money laundering regulator and PalmPay hits...

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