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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


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