Tag Archives: japan

Ripple And SBI Launch RLUSD Stablecoin In Japan After Regulatory Approval

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Ripple’s dollar-backed RLUSD stablecoin is now available in Japan through SBI VC Trade, adding a regulated Asian market to Ripple’s stablecoin push. TL;DR Ripple says RLUSD is live in Japan following regulatory approval. SBI VC Trade is the distribution route for the launch. The rollout gives Ripple a regulated Asian stablecoin foothold while competition in… Continue reading Ripple And SBI Launch RLUSD Stablecoin In Japan After Regulatory Approval→

Japan’s Three Largest Megabanks Align To Launch Joint Yen-Backed Stablecoin By March 2027

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Japan’s largest banking groups are moving toward a shared yen-backed stablecoin framework, a development that could bring one of the world’s most heavily regulated financial systems deeper into tokenized payments. TL;DR MUFG, SMBC, and Mizuho are reportedly aligned around a joint yen-backed stablecoin initiative. The project is still at the council and design stage, not… Continue reading Japan’s Three Largest Megabanks Align To Launch Joint Yen-Backed Stablecoin By March 2027→

Bitcoin Won’t Break Out Until The Fed Steps Into Yen/JGB Chaos: Arthur Hayes

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Arthur Hayes says Bitcoin’s next leg higher is less about crypto-specific catalysts and more about whether US policymakers are forced to respond to mounting stress in Japan’s currency and government bond markets. stress he argues will ultimately translate into fresh dollar liquidity. In his latest essay, “Woomph,” published Wednesday, Hayes frames the recent yen weakness… Continue reading Bitcoin Won’t Break Out Until The Fed Steps Into Yen/JGB Chaos: Arthur Hayes→

Digital Yen Goes Live: JPYC EX Integrates Traditional Finance With DeFi

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Japan has officially stepped into the regulated stablecoin era with the launch of JPYC EX, the country’s first fully licensed digital yen under the revised Payment Services Act. This milestone marks a pivotal moment for Japan’s financial sector, bridging traditional banking infrastructure with the Web3 ecosystem. Building on earlier versions of JPYC, the new JPYC… Continue reading Digital Yen Goes Live: JPYC EX Integrates Traditional Finance With DeFi→

Sei Network Unlocks Japan Market After Hitting $626M In TVL

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US traders and DeFi fans have turned their eyes to Sei Network (SEI) after its Total Value Locked (TVL) climbed past $626 million. That leap marks a huge rise from about $60 million at the start of 2024, showing a strong wave of new funds and fresh users staking assets on the chain. Sei Network TVL Rockets… Continue reading Sei Network Unlocks Japan Market After Hitting $626M In TVL→

Bitcoin ETFs Coming To Japan? Government Prepares To End Ban

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The sun could be set to shine brighter in Japan’s financial horizon, as regulators take another look at how Bitcoin will play a role in the country’s financial landscape. Authorities are now considering lifting a long-standing ban on Bitcoin and crypto exchange-traded funds (ETFs). This might signal a new era in the government’s outlook on… Continue reading Bitcoin ETFs Coming To Japan? Government Prepares To End Ban→

Bitcoin Reserve Idea Sparks Cautious Response From Japan PM: Report

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According to a recent report by Japanese cryptocurrency publication CoinPost, Japan’s Prime Minister Shigeru Ishiba has taken a cautious stance on the proposal to establish a national Bitcoin (BTC) reserve.  Ishiba Hesitant On Bitcoin Reserve Plans While some policymakers in Japan are advocating for the country to follow the lead of nations like the United… Continue reading Bitcoin Reserve Idea Sparks Cautious Response From Japan PM: Report→

Metaplanet To Expand Bitcoin Holdings With $11.3 Million Bond Sale

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In an announcement today, Japanese firm Metaplanet revealed plans to increase its Bitcoin (BTC) holdings by issuing $11.3 million worth of bonds to fund the purchase. Metaplanet To Increase BTC Holdings Through Bond Issuance The Tokyo-listed company announced on November 18 that its Board of Directors had approved a debt sale with a guarantee worth… Continue reading Metaplanet To Expand Bitcoin Holdings With $11.3 Million Bond Sale→