Binance and Mitsubishi UFJ Trust and Banking Corporation (MUTB) plan to use Progmat Coin, a regulatory-compliant stablecoin issuance and management system.
Binance seeks to launch stablecoins in Japan with MUFG unit
BINANCE is seeking to launch stablecoins denominated in the US dollar, euro and yen in Japan next year, as the embattled global crypto exchange pushes into the nation’s nascent market. Read more at ...
JPEX probe tests Hong Kong’s crypto-friendly stance
The teal-and-white advertisements of cryptocurrency group JPEX, or Japan Exchange, were inescapable in Hong Kong last year on building walls, taxis and trams. The company’s slogan “investment: more ...
Simpson Thacher, Davis Polk and Big Four Japanese Firms Act on $750 Million IPO
Davis Polk & Wardwell and Simpson Thacher & Bartlett, together with Nishimura & Asahi and Anderson Mori & Tomotsune, are advising on KKR-owned Japanese chipmaking equipment manufacturer Kokusai ...
Japan’s Stock Boom to Drive Equity Sales Through 2024, BofA Says
Japan’s world-beating stock rally should continue to fuel sales in both its primary and secondary equity markets through next year, according to BofA Securities Japan Co.
Japan’s Nikkei dragged lower by chip shares amid rising U.S. yields
Japan’s Nikkei share average fell on Tuesday dragged by declines in heavyweight chip-related shares, but value stocks limited losses as investors scooped those up to get the right to dividend payouts.
All options on table to counter excess currency moves: Japan finance chief
Japanese Finance Minister Shunichi Suzuki said Tuesday all options are on the table in countering excessive movements in the currency ...
Japan’s Finance Minister says all options on table in dealing with FX volatility
Japanese Finance Minister Shunichi Suzuki said on Tuesday that authorities won't rule out any options in dealing with excessive currency volatility, underlining a warning that has kept traders on ...
UPDATE 1-Japan’s finmin says all options on table in dealing with FX volatility
Japanese Finance Minister Shunichi Suzuki said on Tuesday that authorities won't rule out any options in dealing with excessive currency volatility, underlining a warning that has kept traders on ...
Japan’s Suzuki: Japan at a critical stage whether to spur consumption, wage growth
“Japan at a critical stage whether to spur consumption or wage growth,” Japanese Finance Minister Shunichi Suzuki said on Tuesday.
Japan Finance Minister: Won’t rule out any options on FX
Japanese Finance Minister Shunichi Suzuki said on Tuesday that authorities won't rule out any options on currencies if excessive volatility persists. Suzuki told reporters there was nothing new to add ...
Singapore investors lead interest in ‘attractive’ Japan real estate amid weak yen, low rates
Japan’s low interest rates, weak currency and rapid post-pandemic return to the office have fuelled overseas investor interest in its real estate sector.
Asia markets set to start Tuesday mixed despite Wall Street rally
Japan’s Nikkei 225 is set to fall, with the futures contract in Chicago at 32,515 and its counterpart in Osaka at 32,490 against the index’s last close of 32,678.62. The country is scheduled to ...
Japan’s Ministry of Finance warns currency speculators amid yen weakness
The Ministry of Finance (MOF) in Japan issued a stern warning to currency speculators on Monday, as the Japanese Yen (JPY) trends towards a rate of 150 against the U.S. Dollar (USD). The warning ...
Japan records August trade deficit
Japan’s exports fell 0.8% last month from a year earlier, with steep declines in shipments to China and the rest of Asia, its largest regional market.
Binance makes strides in Japan despite these legal setbacks in the West
Moreover, stablecoins have been termed as an “electronic payment method” under the revised Payment Services Act, and the Progmat platform was developed in accordance with this act.