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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.

World's Largest Pension Fund Seeks Information on Bitcoin Under Portfolio Diversification Plan

[Mar 19 2:45 AM] Japan's state pension fund, GPIF, is seeking information about bitcoin as part of a broader strategy initiated in response to significant economic and societal changes and technological advancements.

Japan’s $1.5 Trillion Pension Fund To Assess Bitcoin For Diversification

[Mar 19 2:15 AM] The Government Pension Investment Fund (GPIF) of Japan, the world’s largest pension fund with assets totaling $1.5 trillion, has officially announced its initiative to explore diversification opportunities that include Bitcoin, alongside…

Bitcoin Is Hitting All-Time Highs Around the World

[Feb 29 1:49 PM] Bitcoin is trading at a premium in many of the world's currencies because of their relative weakness to the USD

Japan Moves Closer to Allowing Venture Capital Firms to Hold Crypto Assets

[Feb 19 3:47 AM] Japan's cabinet approved a bill adding crypto to the list of assets the nation's investment funds and venture capital firms can acquire.

Japanese Lawmakers Want To Carve Out New Web3 Policies: CoinDesk Japan

[Jan 24 5:03 AM] "We would like to grasp the current situation in areas other than decentralized autonomous organizations and identify new important points for policy," Congressman Hideto Kawasaki said.

Crypto Backers B. Riley and Nomura Entangled in SEC Probe: Bloomberg

[Jan 22 2:55 AM] Investment bank B. Riley is under an undisclosed investigation from U.S. authorities for its deals with Brian Kahn, an alleged co-conspirator in a U.S. Department of Justice criminal case.

Japan's Cabinet Proposes Scrapping Corporate Tax on Unrealized Crypto Gains

[Dec 25, 2023 5:01 AM] Prime Minister Fumio Kishida’s government has been considering submissions on how best to encourage the industry's development, which it sees as a pillar of economic reform.

Japanese Cabinet Approves Tax Reform Eliminating Unrealized Crypto Gains Tax for Companies

[Dec 25, 2023 3:30 AM] The Japanese government has approved a tax reform that removes some crypto taxes for corporations and conglomerates. The reform, discussed since early December, removes the unrealized gains taxes on crypto holdings for companies, paving the way for…

China’s Current Economic Challenges Echo Japan’s Past Economic Struggles

[Dec 19, 2023 3:30 AM] Experts highlight the critical need for China to learn from Japan’s prolonged economic stagnation, emphasizing the urgency to transition from manufacturing and investment reliance to boosting domestic consumption. Similarities to…

Japan’s SBI looks to Saudi Aramco as it continues Middle East expansion

[Dec 11, 2023 3:02 PM] They have signed a memorandum of understanding on digital asset investment and semiconductor production.

Japan Mulls Exempting Companies From Paying Taxes on Unrealized Cryptocurrency Gains

[Dec 9, 2023 2:30 AM] Japan is considering exempting corporations from paying unrealized gains income taxes related to cryptocurrency holdings. The measure, proposed as part of a reform in Japan’s tax code, would allow companies to avoid paying taxes for…

Circle And SBI Holdings Partnership To Boost USDC In Japan

[Nov 27, 2023 12:00 PM] Global financial firm Circle has announced a strategic partnership with the Japanese financial services SBI Holdings, Inc., to promote the adoption of Circle’s USDC stablecoin and web3 services in Japan. Circle Joins SBI Holdings In A…

Average value of undeclared crypto in Japan dropped 19% in 2022

[Nov 27, 2023 4:25 AM] The number of tax evasion cases featuring crypto assets rose 35% in 2022.

Osaka Digital Exchange to Start Security Token Trading Platform

[Nov 20, 2023 5:21 AM] The platform, Start, will begin operating on Dec. 25 with a $20 million real-estate securities issue.

Standard Chartered’s venture arm to set up crypto fund in UAE

[Nov 9, 2023 3:38 AM] SC Ventures will establish a “Digital Asset Joint Venture” investment company in partnership with a Japanese financial conglomerate, SBI Holdings.

Progmat stablecoin platform takes shape as wallet, liquidity providers join

[Nov 8, 2023 2:51 PM] Progmat Coin hopes to issue yen- and dollar-pegged “trust-type” stablecoins next summer to accommodate around-the-clock settlement.

G7 countries to launch AI code of conduct: Report

[Oct 30, 2023 5:53 AM] The Group of Seven (G7) countries will agree on a voluntary AI code of conduct for companies developing AI to reference for mitigating risks and benefits of the technology.

Singapore, Japan, U.K., Swiss Regulators Plan Asset Tokenization Pilots

[Oct 30, 2023 4:43 AM] Project Guardian seeks to advance digital asset tokenization pilots in fixed income, foreign exchange and asset management products.

Stocks across Asia and Europe rise on Economic growth indicators

[Oct 12, 2023 8:11 AM] Stocks across the Asia Pacific region marked a second consecutive day of bullish growth as the European stock market reached a three-week high.

Japanese yen-backed digital currency, DCJPY, to go live in July 2024

[Oct 12, 2023 2:37 AM] Digital currency and electronic payments business DeCurret Holdings intends to launch the coin in July 2024.

SBI works with UAE’s TradeFinex to set up joint crypto venture in Japan

[Sep 29, 2023 7:06 AM] SBI Holdings will work with UAE firm TradeFinex on a Japanese joint venture to boost the adoption of its enterprise blockchain platform on the XDC Network.

Why Binance and Banking Giant MUFG Want to Issue Stablecoins in Japan

[Sep 26, 2023 9:58 AM] Binance Japan and Mitsubishi UFJ bank want to help with the country's Web3 ambitions by issuing stablecoins.