• Yuzo Kano, the co-founder of Japan’s leading cryptocurrency platform BitFlyer, is looking to reinstate himself as CEO in order to guide the company towards an IPO. • Kano stepped down from his role as CEO in 2019 due to regulatory issues with Japan’s Financial Services Agency (FSA). • He plans to present a proposal […]
Monat: Februar 2023
Japan to Launch CBDC Testing in April: Report
• Japan’s central bank, the Bank of Japan, is reportedly launching a CBDC testing program in April 2021. • The tests will involve processing simulated transactions with private financial companies. • The bank hopes that the pilot program will lead to improved designs through discussion with private businesses. Japan Launches CBDC Testing Program The Bank […]
SEC Stake Crackdown Could Boost Decentralized Ethereum: Analyst
• The U.S. Securities and Exchange Commission (SEC) has taken action against Kraken due to its staking-as-a-service products, leading to a market slump. • However, trader Alex Krüger believes the SEC’s stance could push staking off-chain or overseas, increasing Ethereum’s decentralization and shielding it from US regulators. • He also anticipates that this spin on […]
Charlie Munger Calls for U.S. Government to Ban Cryptocurrencies
• Billionaire investor Charlie Munger has reiterated his stance against Bitcoin and all cryptocurrencies. • He believes that the U.S. government should ban them as they are harmful and could cause wider economic damage. • Munger argues that the gap in crypto regulation in the U.S. is allowing unvetted private companies to issue thousands of […]