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Arthur Hayes: Japanese Banks in Crisis Over Dollar-Yen Carry Trade Failures

[Jun 21 7:25 AM] Japanese banks, once secure in their financial strategies, are now facing severe challenges due to shifts in global monetary policies, as outlined by Bitmex co-founder Arthur Hayes in his latest blog post. These institutions are caught in a cycle…

Bitflyer Takes Over FTX’s Defunct Japanese Unit: NHK

[Jun 20 9:23 AM] According to a local report, the Japan-based crypto exchange Bitflyer has acquired the failed Japanese unit of FTX. The report indicates that arrangements are currently underway to take over the business. Bitflyer Acquires Bankrupt FTX Japan, Local…

Japanese exchange BitFlyer to acquire FTX Japan

[Jun 20 7:10 AM] FTX Japan, a Japanese subsidiary of the collapsed FTX exchange, is preparing to return with a new owner after repaying its customers in 2023.

Metaplanet Discloses $1.6M BTC Purchase; Shares Jump 10%

[Jun 11 8:31 AM] Japanese investment firm Metaplanet has disclosed an additional bitcoin {{BTC}} purchase worth 250 million yen ($1.58 million), taking its total holdings up to 141 BTC ($9.4 million).

'Asia's MicroStrategy' Metaplanet Buys Another ¥250 Million Worth of Bitcoin

[Jun 11 3:41 AM] Longstanding Japanese hotel and services provider Metaplanet announced on X it purchased another ¥250 million ($1.8 million) worth of Bitcoin. This latest buy comes as Metaplanet mimics MicroStrategy's high-profile corporate bitcoin accumulation…

Crypto Exchange DMM Bitcoin to Raise $320M to Pay Back Hack Victims

[Jun 5 5:56 AM] Japanese exchange DMM Bitcoin outlined plans to raise $320 million to purchase bitcoin and pay back victims of last week's hack.

Japanese blockchain Astar proposes $38M token burn

[Jun 4 10:46 AM] The tokens were initially reserved for a parachain slot on Polkadot but have since fallen out of use.

Japanese exchange DMM loses $305M in Bitcoin via private key hack

[May 31 9:37 AM] The cryptocurrency exchange lost 4,502.9 BTC due to a hack of its private key; withdrawals have been temporarily suspended.

Japanese Crypto Exchange DMM Bitcoin Suffers $305M Hack

[May 31 7:40 AM] Measures have been taken to prevent further unauthorized outflows, the exchange said.

Nomura, Laser Digital and GMO Internet Partner to Explore the Issuance of Stablecoins in Japan

[May 28 11:36 PM] Nomura, a global financial services group, Laser Digital, a digital asset-based business, and GMO Internet, the parent company of stablecoin issuer GMO-Z, have partnered to explore the issuance of U.S. dollar and yen based stablecoins in Japan. The…

Nomura Holdings, GMO Group form stablecoin research partnership in Japan

[May 27 10:04 AM] Nomura Holdings and the GMO Internet Group are exploring ways to bring new stablecoin offerings to the Japanese market.

Nomura and GMO Collaborate on Japanese Stablecoin Issuance

[May 27 6:35 AM] Nomura Holdings, a leading global financial services group, has partnered with Laser Digital, its subsidiary focused on digital asset solutions, and GMO Internet Group, a prominent Japanese technology company renowned for its internet…

Metaplanet Shares Soar 158% on Bitcoin Strategy, Triggering Consecutive Trading Halts

[May 22 10:16 PM] Trading in Metaplanet’s stock was halted for two consecutive days by the Tokyo Stock Exchange due to a significant price surge, following the company’s adoption of a bitcoin investment strategy similar to Microstrategy’s, which…

Bitcoin hits record in Japan, Argentina and Philippines' local currency

[May 20 11:17 PM] For the first time in history, the price of one Bitcoin exceeded 11 million yen in Japan, while prices also peaked in terms of the Argentinean and the Philippines peso.

Metaplanet Unveils ‘Bitcoin-First’ Strategy to Face Japan’s Economic Weakness

[May 14 8:45 PM] Metaplanet, a Tokyo-listed public company, has unveiled a “bitcoin first” strategy to combat the Japanese economy’s weakness and the yen’s devaluation. In a document shared on social media, the company stated it will adopt…

Here’s why US debt is out of control — and Japanese debt isn’t

[May 14 6:02 PM] Japanese debt might be high, but it isn't comparable to American debt, which is set to trigger a financial implosion — and light a spark under Bitcoin.

Japanese listed firm adds Bitcoin as reserve asset with 117 BTC

[May 13 5:27 AM] Since announcing its Bitcoin strategy in April, Metaplanet has accumulated around 117.7 BTC valued at $7.2 million.

Metaplanet Makes Bitcoin a Reserve Asset as Japan’s Debt Mountain Grows

[May 13 12:07 AM] The announcement comes at a time when Japan's fiscal crisis is said to be playing out in the currency market.

Japanese Crypto Platform SBI VC Trade Begins Validator Node Operations on XRP Ledger

[May 10 2:13 AM] SBI VC Trade Co., Ltd., a Japanese crypto-asset trading platform, has announced the commencement of its operation as a validator node on the XRP Ledger blockchain. This move aims to earn recognition for reliable performance from the XRP Ledger…

Coincheck, Thunder Bridge move closer to Nasdaq listing with public filing

[May 8 10:48 AM] Coincheck and Thunder Bridge Capital filed their registration statement with the SEC, bringing their merger and Nasdaq listing closer to completion.

Ripple and Hashkey DX Partner to Boost Blockchain Supply Chain Solutions in Japan

[Apr 30 4:16 AM] Ripple has teamed up with Tokyo-based consulting firm Hashkey DX to bring XRP Ledger (XRPL) blockchain solutions to the Japanese market, aiming to revolutionize enterprise blockchain use cases in Japan, primarily through supply chain solutions…

Ripple breaks ground in Japan, SBI Group to use XRPL for supply chain solutions

[Apr 30 2:44 AM] Ripple has partnered with HashKey DX to introduce XRP Ledger-based blockchain solutions to the Japanese market.

Bitcoin Trades At Slight Premium in Yen Terms Amid Suspected BOJ Intervention

[Apr 29 5:31 AM] The Japanese yen swung wildly on Monday, recovering 500 pips from over three-decade lows on suspected BOJ intervention.

Japan’s Web3 Ambitions Hang in Balance as Political Scandal Rocks Kishida’s Leadership

[Apr 28 7:43 PM] Japan’s Prime Minister Fumio Kishida and the ruling Liberal Democratic Party are advocating Web3 development amid a major corruption scandal that threatens their political stability. With leadership elections approaching in September and…

Japan's Embrace of Web3 Uncertain as Ruling Party Under Threat

[Apr 28 5:00 PM] Liberal Democratic Party leader and Prime Minister Fumio Kishida once called Web3 a “new form of capitalism,” but he faces a party leadership election in September.

'Asia's MicroStrategy' Metaplanet Buys ¥1 Billion Worth Bitcoin as Pledged

[Apr 26 5:52 AM] Metaplanet, a publicly-listed Japanese company providing hotel-related and other services, has announced the purchase of ¥1 billion (approximately $6.25 million) worth of Bitcoin. NEW: Japanese Public Company Metaplanet just bought $6.25 millio

Japanese Firm Metaplanet to Add $659M in Bitcoin to Its Treasury, Shares Soar 90% in Response

[Apr 9 9:16 AM] According to the latest figures, Metaplanet, a company listed on the Japanese stock exchange, witnessed its share price soar by nearly 90% in just one day. This significant jump came on the heels of the company’s announcement regarding its…

Sony Bank Tests Yen-Pegged Stablecoin, Taps Polygon for Pilot Project

[Apr 5 9:07 AM] According to a regional report, Sony Bank of Japan is currently exploring the potential of a stablecoin tied to the yen that could be utilized by Sony Group along with its associated entities. Insiders revealed that this endeavor’s testing…

Hokkoku Bank Launches Tochika, Japan’s First Deposit-Backed Stablecoin

[Apr 2 9:40 PM] Hokkoku Bank, a regional financial institution in the Ishikawa prefecture, launched Tochika, Japan’s first deposit-backed stablecoin. Customers of the bank will be able to purchase the currency using Tochitsuka, an app developed by Digital…

Bank of Japan Ends Eight-Year Negative Rates Regime; Bitcoin Slides to $62.7K

[Mar 19 5:30 AM] The BOJ hiked the benchmark borrowing cost by 10 basis points, abandoning the prolonged negative interest rate policy.