by hisashi oki | Jul 23, 2020 | Uncategorized
Covid-19 relief money does not seem to have been spent by many Japanese on cryptocurrencies. In April, the Japanese government began distributing 100,000 yen payments — about $930 — to every household. But did the Japanese follow some in the United States and spend...
by hisashi oki | Jul 17, 2020 | Uncategorized
Japan may need to rely on the United States to have some influence over the development of digital currencies. Japan is behind the curve on the establishment of a central bank digital currency and should throw its weight behind the United States establishing a digital...
by hisashi oki | Jul 16, 2020 | Uncategorized
The increasing use of HFT may help explain Bitcoin’s record low volatility. The Bitcoin (BTC) market has been quiet lately. A little too quiet. As of Tuesday Bitcoin’s volatility levels had dropped to levels unseen since 2017. In recent weeks, Bitcoin has fallen...
by hisashi oki | Jul 15, 2020 | Uncategorized
The Japanese government is getting serious about a CBDC. The Japanese government is expected to include consideration of a central bank digital currency (CBDC) in its official economic plan. The news comes 10 days after the Bank of Japan’s announcement that it will...
by hisashi oki | Jul 11, 2020 | Uncategorized
Japanese holdings of cryptocurrencies such as Bitcoin, XRP, and Ether all surged during the coronavirus pandemic. The Japan Virtual and Crypto Assets Exchange Association (JVCEA) — a self-regulatory organization for the crypto industry in Japan — recently published a...