The most recent banking crisis has led the European Central Bank to coordinate a plan that guarantees dollar liquidity, for now, until the end of April.
The ECB is working with the Fed, the central banks of England, Canada and Japan, as well as the Swiss National Bank. The plan provides for…
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Japan
Japan and Russia will test their CBDC coins in April
The central banks of Russia and Japan announced that in April they will launch the pilot tests of their CBDCs, planes that they have been working on for a few months.
The executive director of the Japan Bank, Uchida Shinichi, declared this…
China to start tourist travel pilot plan in February
In a recent announcement by the Chinese Ministry of Culture and Tourism, it was revealed that they will launch a pilot tourist travel plan starting next February 6, resuming the activity suspended by the Covid-19 pandemic.
It is a pilot…
Japan faces the worst fiscal crisis
Japan is going through the worst fiscal crisis since World War II, with a public debt that exceeds GDP by 260 %.
This is clear from the statements issued this Monday by the Japanese Finance Minister, Shunichi Suzuki, who also referred to…
Kishida removes the Minister of Reconstruction
Japan's Prime Minister, Fumio Kishida, announced on Tuesday the removal and dismissal of Reconstruction Minister Kenya Akiba, who has been embroiled in a financing scandal, thus becoming the fourth cabinet member to leave his post. in the…
The yen continues to slide
The exchange rate of the yen against the dollar fell this Friday to its lowest level in the last 32 years due to the prospect that the United States Federal Reserve (Fed) will continue to increase interest rates, which fuels speculation on…
Japan creates reward system with NFT
Japan recently became one of the first countries to implement the use of non-fungible tokens (NFT) to reward the work of the authorities of that country.
Mainly, authorities who have used technology to solve local problems will be…
Crypto ATMs return to Japan
Japan will now count again after four years of absence with cryptocurrency ATMs, from the hand of the company Gaia Co., Ltd.
The company announced this week that it will soon activate devices that will accept transactions with bitcoin,…
Former Prime Minister of Japan passed away
Former Japanese Prime Minister Shinzo Abe died this Friday after being attacked during a campaign rally in the town of Nara, located in the southwest of the country, sources from his party, the Liberal Democratic Party (PLD), confirmed.…
Yen reaches its lowest value in the last 24 years
The yen continues its downward path against the main currencies as a result of a growing divergence between the monetary policy of the Bank of Japan and the rest of the major central banks, which has plunged the Japanese currency to its…
Japan passes stablecoins bill
The Parliament of Japan passed a law that aims to clarify the legal status of stablecoins, now naming them as digital money.
This proposal plans to go beyond any measure previously established in any country in the world, in terms of…
Japan to strengthen regulation of cryptocurrency trading
Hirokazu Matsuno, Chief Cabinet Secretary of the Japanese government, reported during a press conference that his government is working on a bill that allows reviewing the legal regulations on currencies that allow the inclusion of…