Japan’s Central Bank Sees No Need to Mint a Digital Currency

Bitcoin is being traded for speculation, BOJ’s Kawai says Cash is still king in Japan, and that means that the central bank doesn’t see a need to mint a digital currency for now, according to the head of the FinTech Center at the Bank of Japan. ( read original story ...)

China and Japan still groping their way to rapprochement

BEIJING -- Sunday's meeting here between the Japanese and Chinese foreign ministers showed that while both sides talk about wanting better relations, each seems to be waiting for the other to make the first move, particularly on sensitive territorial matters. ( read original story ...)

Hacked Tokyo Digital currency Exchange to Repay Owners $425m

Tokyo-based cryptocurrency exchange Coincheck Inc said on Sunday ... Two sources with direct knowledge of the matter said Japan’s Financial Services Agency (FSA) sent a notice to the country’s roughly 30 firms that operate virtual currency exchanges ... ( read original story ...)

Japan pushes China, South Korea for 3-way summit

BEIJING -- The Japanese government is making its final push to convince China and South Korea to come to the table for a trilateral summit in Japan soon. Japanese Foreign Minister Taro Kono arrived in Beijing on Saturday, and will meet with Foreign ... ( read original story ...)

Japan Finance Minister hails Indo-Japan ties in 2017

Japanese Foreign Minister Taro Kono has hailed the remarkable progress of Indo-Japan strategic ties in 2017, describing it as a “great year” for bilateral relations. Kono was speaking at the Republic Day celebration event hosted by India’s ... ( read original story ...)

Tokyo-based cryptocurrency exchange hacked, losing $530 million

The exchange has already reported the incident to the police and to Japan's Financial Services Agency, NHK said. In 2014, Tokyo-based Mt. Gox, which once handled 80 percent of the world's bitcoin trades, filed for bankruptcy after losing some 850,000 ... ( read original story ...)

A SoftBank mobile IPO would pose a tricky debt question

TOKYO -- SoftBank Group's putative plan to take its Japanese mobile phone unit public has gotten a mixed reception in the fixed-income market, where some worry about the possible loss of the core subsidiary as a bond guarantor and the impact that would ... ( read original story ...)

Japan’s deployment of F-35A mired in controversy

TOKYO -- Japan deployed its first F-35A stealth fighter jet Friday amid rising tension on the Korean peninsula. But the price tag keeps increasing for the cutting-edge aircraft, and the defense industry here is not happy with its diminished participation ... ( read original story ...)

Japan’s Coincheck suffers largest virtual currency theft

Such an attack may have been behind Friday's theft, which tops the 2014 disappearance of roughly 47 billion yen in currency from former Japanese bitcoin exchange Mt. Gox as history's largest virtual currency breach. Coincheck "deeply regrets" the incident ... ( read original story ...)