Crossmint, Astar, and Hakuhodo unite to foster Web3 growth in Japan
Web3 development platform Crossmint announced its expansion into Japan through collaboration with blockchain network Astar and venture Hakuhodo KEY3. The partnership aims to accelerate enterprise adoption of Web3 services in Japan built on the Astar blockchain. Crossmint will provide its developer tools and expertise to simplify integrations with Astar for major Japanese companies, saving millions
Klaytn and Finschia blockchains merge to become Asia’s ‘largest Web3 network’
The Klaytn and Finschia blockchain foundations recently reached a consensus to approve a merger of their respective networks. Details from the proposal indicate that the new blockchain will be initially compatible with Ethereum (all EVM chains) and Cosmos (CosmWasm). KLAY (Klaytn) and FNSA (Finschia) tokens are slated for redevelopment and will be replaced by a new, merged token,
Japan’s New Stablecoin Bill Sets a High Bar for Investor Protections
Japan’s parliament has passed legislation clarifying the legal status of stablecoins. The new bill also mandates that any entity providing stable crypto assets must guarantee holders the right to redeem their tokens at face value. Japan Leads World on Stablecoin Regulation Japan has become the first nation to ensure strict investor protections for stablecoins. Japan’s
