Information & Communications Technology

ICT
Japan hesitantly moves toward a cashless society
Taking out a wallet loaded with cash, receipts and loyalty cards and searching for coins in front of a cashier is a familiar scene at stores in Japan.But the country wants more consumers to kick that habit and engage in cashless transactions using credit cards, debit cards and electronic money.
4K, 8K broadcasting fully starts
So-called 4K and 8K ultrahigh-definition satellite television broadcasting in Japan fully started at 10 a.m. on Saturday while the penetration of TV sets supporting the services has remained slow.
Panel sounds out IT giants on regulations
A government panel of experts considering how to regulate major digital platform operators held a hearing on Wednesday in which U.S. digital giants gave their opinions on the panel’s interim report, which calls for stronger regulations.
Bitcoin suffers worst week of year as regulatory challenges mount

Bitcoin suffered its biggest weekly loss for the year amid a string of regulatory setbacks, posing fresh challenges in broadening the appeal of cryptocurrencies. 

The price of bitcoin fell to $3,447 on Sunday, its lowest level since last September, according to CoinDesk, bringing the fall for the week to 30%, its biggest seven-day slide this year.  On Monday, it pared back some of the losses, trading at around $4,000 by afternoon trading in Tokyo, less than half the $8,400 achieved in July. 

Asia's esports scene spawns raft of new businesses
Competitive video gaming has become a serious business in Asia, home to half the world's esports audience. Now, the boom is giving rise to unlikely partnerships and new industries, as companies jump into a global market expected to expand by 75% to $1.6 billion within the next three years.