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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A new trend has emerged in Thailand, known for its friendly ties with Japan, where Japanese-style townscapes are being faithfully recreated.

In recent years, approximately 450 schools close annually in Japan, with around 20% left unused. These unused schools face potential demolition as maintenance becomes unsustainable, prompting a response from the Ministry of Education, which has launched matching sites and events to promote new uses.

The next-generation flagship rocket, the H3, was launched from Tanegashima on October 4th, successfully deploying a satellite into orbit as planned. This marks the third consecutive successful launch.

In Toyama Bay, known as a 'natural fish preserve,' a small shrimp called the 'yokoebi' has seen an explosive surge since the Noto Peninsula earthquake, causing significant damage to brand fish species.

The Tokyo Metropolitan Government has revealed plans to project advertisements on the walls of its building through projection mapping, following criticism over the initiative’s high costs.

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The Tokyo Stock Exchange (TSE) will extend its trading hours by 30 minutes starting on November 5th. This marks the first extension of trading hours in 70 years, with the last change occurring in 1954.

The Consumer Affairs Agency announced it has ordered a mail-order business based in Tokyo's Shibuya Ward, which sells medicinal toothpaste and similar products, to halt certain business operations for three months due to exaggerated advertising.

The '1.03 million yen income cap' raised by Democratic Party for the People leader Tamaki has become a pressing issue for many students and part-time workers. How are they managing the realities of this policy?

In Toyama Bay, known as a 'natural fish preserve,' a small shrimp called the 'yokoebi' has seen an explosive surge since the Noto Peninsula earthquake, causing significant damage to brand fish species.

Post offices around Japan have begun selling New Year's greeting cards that are priced higher this year due to a postal rate hike in October. (NHK)

The Japan Association of Corporate Executives has expressed support for Prime Minister Ishiba's goal of raising the minimum wage to ¥1,500 by the 2020s, calling for it to be achieved within three years.

Japan's Fair Trade Commission has ordered four major insurance companies — Mitsui Sumitomo Insurance, Sompo Japan, Aioi Nissay Dowa Insurance, and Tokio Marine & Nichido Fire Insurance — to pay fines totaling over 2 billion yen for collaborating to discuss estimates and bid amounts, leading to premium increases.

Honda Motor Co. has filed a recall with Japan’s Ministry of Land, Infrastructure, Transport, and Tourism for over 650,000 motorcycles due to the risk of rear wheels locking from oil leaks, potentially leading to accidents.