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Japan’s Largest Bank Latest to Develop Own Digital Currency

Bank of Tokyo-Mitsubishi UFJ (MUFG) has revealed that it has developed its own digital currency nicknamed “MUFG coin” as part of its research into blockchain and distributed ledger technology. 214 more words

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After buying the Financial Times, is Nikkei ready to speak truth to Japan's corporate power?

The length of an apologetic bow from a Japanese executive is a pretty good gauge of his embarrassment. And the 15-second bow by disgraced Toshiba CEO Hisao Tanaka—who resigned this week over a $1.2 billion accounting scandal—was a doozy. 352 more words

Because of “Galapagos syndrome,” most of Japan's cash machines are useless to foreigners

For decades, visitors have expressed frustration over Japan’s cash machines being foreigner-unfriendly, or just plain weird by the standards of the rest of the world. For example, many ATMs… 279 more words