Japan may have spent as much as $36.6 billion buying yen in the first joint US-Japan action to support the currency since …
Yen
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Coordinated action sent the yen sharply higher, but bitcoin’s recent correlation suggests U.S. dollar strength, rather than the carry trade, may be …
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Japan’s central bank held interest rates steady at 1.0% on Friday after a reported major intervention in the yen. Key points: Japan …
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Markets
Live markets: Japan's collapsing yen is pushing companies into bitcoin and XRP
by shayaanby shayaanHedge funds have turned the most bearish on the yen since 2007, boosting bets on further losses to nearly 138,000 contracts as …
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Markets
Live markets: Bitcoin holds above $60,000 as yen jumps on intervention fears
by shayaanby shayaanLive markets: Bitcoin holds above $60,000 as yen jumps on intervention fears www.coindesk.com
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Markets
SBI And Startale Put Yen Stablecoins Back In The Institutional Spotlight
by shayaanby shayaanTL;DR SBI Holdings and Startale Group have introduced JPYSC, a trust bank-backed yen stablecoin project. The structure is designed around Japan’s regulated …
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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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Japan’s ruling party has made another significant move toward growing the country’s digital asset sector. A policy panel from the Liberal Democratic …
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Finance
Japan Reveal AI and Blockchain Finance Plan to Protect Digital Yen Sovereignty
by shayaanby shayaanJapan’s ruling Liberal Democratic Party (LDP) has reveal a new national strategy focused on stablecoins, tokenized banking, and AI-powered digital payments. Called …
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With this initiative, the Metropolitan Government of Tokyo seeks to establish a healthy market for stablecoins, which are expected to serve as …