The company said that despite its efforts to overcome challenges in a rapidly evolving industry, shutting the business segment was necessary to "continue growing the Line blockchain ecosystem and Link ...
Japan’s $210 Billion Supplementary Budget Set to Pass Lower House
Japan's second, 29 trillion yen ($210 billion) supplementary stimulus budget for this fiscal year is set to clear the lower house on Tuesday, paving the way for the spending plan to win final ...
Editorial: People of Japan need to know the why and how of Moritomo doc tampering scandal
Why did a branch of Japan's Finance Ministry falsify official documents related to the cut-rate sale of government land to nationalist school operator ...
Japan set to raise defense budget to 2% of GDP by 2027
Japanese Prime Minister Fumio Kishida has informed his Cabinet of the decision to increase defense spending to 2% of gross domestic product (GDP) by ...
Japan urged to secure stable sources to finance defense budget boost
An advisory panel on Japan's fiscal policy urged the government on Tuesday to find ways of securing stable funding sources to achieve a planned increase in defense spending while avoiding putting off ...
Asian shares rise except Japan as markets eye China protests
Asian shares were mostly higher Tuesday as jitters over protests in China set off by growing public anger over COVID-19 restrictions subsided.
Crypto exchange Bitfront shuts down
"However, despite our efforts ... we have regretfully determined that we need to shut down BITFRONT in order to continue growing the LINE blockchain ecosystem and LINK token economy," the California-based company said in a statement on its website on Sunday.
Crypto Exchange Kraken Settles with Treasury Department Over Iran Sanctions
The Delaware-based company failed to prevent more than 820 individuals in Iran from using Kraken for crypto transactions.
Japan’s Line-Backed Crypto Firm Bitfront Shuts Amid Challenges
Bitfront, a crypto exchange that’s backed by Japan’s internet giant Line Corp., is shutting down amid “rapidly evolving” challenges in the industry.
Japan’s Lawmaker Pushes for Further Easing of Crypto Regulations
Japan’s Web3 lawmaker Masaaki Taira said the government must further ease crypto regulations, Bloomberg reported Tuesday. A Japanese regulator recently decided to relax virtual coin listing ...
Japan’s Web 3.0 lawmaker urges further easing of country’s crypto regulation
Japan needs to further relax rules for its crypto industry, said lawmaker of Japan’s ruling Liberal Democratic Party and head of its Web 3.0 project team Masaaki Taira, in an interview with ...
Japan’s Nikkei hits one-week low on China concerns, Eisai plunge
Japan's Nikkei fell to a one-week low on Monday, as COVID-19 protests in several Chinese cities raised concerns about economic growth, while Eisai slumped after a report that a woman in a trial of the ...
Japan PM wants defence budget to reach 2% of GDP by 2027
Japanese Prime Minister Fumio Kishida has told his cabinet to increase defence spending to two percent of GDP by 2027, up from a longstanding level of around one percent.
Japan’s Kishida Orders Defense Spending Hike to 2% of GDP
Japanese Prime Minister Fumio Kishida instructed his defense and finance ministers to increase national-security related expenditures to 2% of gross domestic product by fiscal 2027, putting a figure ...
Crypto exchange Kraken will pay more than $360,000 to settle allegations it violated US sanctions by serving users in Iran
The Treasury Department said Kraken processed 826 transactions valued at $1.68 million on behalf of users who appeared to have been located in Iran.
Live news: Crypto exchange Kraken settles with US on alleged sanctions violations
Bankrupt cryptocurrency lender BlockFi is suing Sam Bankman-Fried to seize shares in Robinhood that the FTX founder allegedly pledged as collateral just days before his exchange collapsed. The lawsuit on Monday came just hours after BlockFi filed for bankruptcy protection having suffered “a severe liquidity crunch” triggered by the failure of Bankman-Fried’s FTX exchange.