News On Japan

Binance makes a move on Japan

Sep 28 (cryptonews.com) - Major crypto exchange Binance is seeking a license to operate in Japan, four years after leaving the country, Bloomberg reported, citing people familiar with the matter.

The move comes as Japan looks to adopt more web3-friendly policies and shows a generally friendlier approach to crypto. Additionally, “substantial potential for user growth” is cited as a key reason behind the exchange’s renewed interest in the land of the rising sun.

Asked about this move, a Binance spokesperson was quoted as saying that,

“It would be inappropriate to comment on any conversations with regulators.”

They added that the exchange is “committed to working with regulators and policymakers to shape policies that protect consumers, encourage innovation, and move our industry forward.” ...continue reading

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The latest model of Japan’s quasi-zenith satellite system, Michibiki, often referred to as the Japanese version of GPS, has been unveiled.

Digital human technology, set to be featured in a pavilion at the Osaka-Kansai Expo next April, was unveiled by media artist Yoichi Ochiai.

Warner Bros. Studio Japan has announced the recall of the 'Godric Gryffindor's Sword,' a piece of merchandise sold at the Harry Potter-themed interactive facility in Nerima Ward, Tokyo.

A Japanese researcher behind the development of next-generation 'perovskite solar cells' expressed confidence that the product will be available to the public within two to three years.

A new hot spring facility, touted as the largest in Kanto, opened this autumn in Tokorozawa, Saitama. Featuring saunas, gourmet collaborations, and private relaxation spaces, the complex has already garnered attention from enthusiasts.

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Japan’s airline industry is experiencing a significant boost from record inbound tourism, but rising costs and geopolitical challenges are tempering the financial gains.

Kirin Brewery has announced that it will increase prices on over 200 products, including beer and chuhai, starting in April next year. All three major beer companies will implement price hikes at the same time.

The Japan Fair Trade Commission (JFTC) has launched an on-site investigation into Amazon Japan, alleging that the company forced sellers to lower prices. The investigation will also examine potential involvement by Amazon's U.S. headquarters.

PwC, a leading audit firm, and Takara Printing have announced a collaboration to provide English disclosure support services, including the translation of securities reports. This initiative comes as the Tokyo Stock Exchange plans to mandate companies listed on the Prime Market to disclose financial information in English starting April 2025, aiming to attract overseas investors.

In today’s competitive business environment, time is the one resource you can’t afford to waste.

Mercari, a leading online marketplace, has announced new measures and compensation policies in response to increasing issues among users, such as the fraudulent replacement of returned items.

The prestigious Matsusaka Beef Competition, a showcase of premium cattle from Mie Prefecture, was held Sunday, where the top-ranked cow was auctioned for almost $200,000 (30.32 million yen).

A store featured as a model in the anime "Crayon Shin-chan" closed its doors on November 24th.