Tag: Japan
Mizuho builds blockchain trade finance platform with IBM
Japan’s Mizuho Financial Group, subsidiary bank Mizuho and IBM Japan are jointly building a blockchain platform for trade financing. Read more: www.cryptocoinsnews.com
Should central banks open up payment systems to non-banks?
The rise of nonbank giants such as PayPal and WeChat is leading central banks to reassess to whom they should allow access to their payment and settlement systems. Read more: www.finextra.com
Blockchain could expand central bank access, says Bank of Japan
Central banks could allow access around the clock if they used blockchains, a senior Bank of Japan official speculated last week. Read more: www.coindesk.com
Bitcoin value rises over $1bn
Bitcoin is up nearly $100 in the past week, hitting levels not seen since mid-March after Japan legalized the cryptocurrency as a payment method. Read more: www.cnbc.com
Emerada lands $1.8m to launch SME funding platforms
Japanese FinTech startup Emerada has secured ¥200m ($1.8m) in a Seed round led by D4V. Two unnamed major financial institutions also participated. Read more: www.fintechroundup.com
Japan accepts Bitcoin as legal payment method. What’s next?
Legislation making Bitcoin and virtual currencies legal currency took effect this month in Japan. What happens now? Read more: www.cryptocoinsnews.com
Moneytree lands $9m to expand beyond Japan
Japanese financial management platform Moneytree has picked up ¥1bn (~$9m) in a Series B funding round led by SBI Investment. Read more: www.fintechroundup.com
Japan and Singapore establish FinTech co-operation framework
The framework enables FSA and MAS to refer FinTech companies in their countries to each other’s markets. Read more: www.finextra.com
Japanese banks complete money transfer pilot using Ripple
Blockchain is moving into production, 47 Japanese banks completed a pilot implementation of Ripple’s technology. Read more: www.cryptocoinsnews.com
Japan’s largest bank tests digitized checks on blockchain
Japan’s largest bank, has chosen blockchain technology to test the digitization of checks using Singapore’s Fintech-friendly regulatory sandbox. Read more: www.cryptocoinsnews.com