The Japanese government wants to make crypto ETFs legal and reclassify digital assets as financial products under new finance legislation. Japanese Finance …
Japans
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Scams
SBI Holdings Says $289 Million Bitbank Deal Will Make It Japan’s Largest Crypto Exchange
by shayaanby shayaanIn brief SBI Holdings is buying Tokyo crypto exchange Bitbank for about $289 million, making it a wholly owned subsidiary. Combined with …
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Adoption
SBI Launches Japan’s First Trust Bank-Backed Yen Stablecoin, Bypassing 1 Million Yen Limit
by shayaanby shayaanThe stablecoin landscape in Japan just shifted dramatically. SBI Group, working with blockchain partner Startale Group, has issued JPYSC, the country’s first …
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Finance
Japan’s Nikkei hits record above 72,000 as government unveils $65 billion physical AI investment plan
by shayaanby shayaanJapan’s Nikkei 225 crossed the 72,000 level for the first time ever today, June 22, riding the high from the 10.5 trillion …
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Finance
Bitcoin shrugged off Japan’s rate hike – The bigger liquidity test came from Washington
by shayaanby shayaanThe Bank of Japan raised its benchmark interest rate to 1% on June 16, the highest level the country has seen since …
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Regulation
Japan’s FSA orders moomoo Securities to halt new account openings until September
by shayaanby shayaanJapan’s Financial Services Agency has suspended part of moomoo Securities’ operations for three months and ordered the brokerage to strengthen its internal …
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Finance
BOJ rate hike to 1% could reshape Japan’s position in global crypto markets
by shayaanby shayaanThe Bank of Japan (BOJ) is expected to increase interest rates to a level that has not been seen since 1995 at …
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Three of Japan’s biggest banks, MUFG Bank, Sumitomo Mitsui Banking Corporation (SMBC), and Mizuho Bank, are in line to co-issue a stablecoin …
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Smart Contracts
Japan’s Largest Banks Plan Joint Stablecoin Launch by March 2027
by shayaanby shayaanIn short Japan’s MUFG Bank, Mizuho Bank and SMBC have established a council to develop operational frameworks for stablecoin issuance. The banks …
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Regulation
Japan’s FSA Sets Clear Rules for Overseas Stablecoins, Effective June 2026
by shayaanby shayaanJapan’s Financial Services Agency (FSA) has issued a revised enforcement ordinance and accompanying guidelines that clarify how businesses can handle stablecoins issued …