Japan


Finance

Japanese Banking Giant SMBC Explores Stablecoin Use With Ava Labs, Fireblocks

Sumitomo is the latest example in a roster of firms eyeing the booming stablecoin market, which has grown 50% to around $230 billion in a year.

Japan (Su San Lee/Unsplash)

Policy

Japan Mulls Reclassifying Crypto as a ‘Financial Product’ to Curb Insider Trading: Report

Cryptocurrencies are currently categorized as a "means of settlement" under the Payment Services Act, a designation that has governed their use primarily as a payment tool rather than as investment vehicles.

japanflag

Markets

Circle to Launch USDC in Japan on March 26 With SBI Partnership

Circle and SBI got the green light to launch USDC in the country earlier this month.

Jeremy Allaire, CEO of Circle (Danny Nelson/CoinDesk)

Markets

Hotter-Than-Expected Core Inflation in Japan Sparks Rate Hike Talk, Threatens Crypto

Japan’s headline inflation remains nearly 100 basis points higher than U.S.counterparts.

Japanese Diet Building. (Shutterstock)

Markets

Metaplanet, Japan's Biggest Corporate Bitcoin Holder, Adds Eric Trump as Advisor

Eric Trump, son of President Donald Trump, has recently emerged as a key figure in the crypto world

Eric Trump (Chip Somodevilla/Getty Images)

Markets

Bitcoin Price Little Changed as Bank of Japan Keeps Interest Rate Steady

The BOJ decision to hold rates steady keeps Japanese bond yields in check, limiting pressure on bitcoin’s price.

Bank of Japan Governor Kazuo Ueda

Markets

Bitcoin Traders Now Target $70K as Japan Bond Yields Surges to 17-Year Highs

A surge in Japanese bond yields, coupled with geopolitical and economic uncertainties, is fueling concerns among traders that BTC could face a significant correction.

caution (CoinDesk archives)

Markets

Metaplanet Buys 497 BTC in Another Bargain-Hunting Bitcoin Acquisition

This brings its total BTC holdings to 2,888 BTC.

japan (CoinDesk archives)

Markets

Circle's USDC to be First USD Stablecoin in Japan

SBI VC Trade will be the first to list Circle’s stablecoin under the country’s new payments framework.

Jeremy Allaire Circle CEO (The Washington Post / Getty Images)

Markets

Japanese Energy Firm Remixpoint Boosts Crypto Holdings More Than 8,000% in 9 Months

The firm’s shares surged after Donald Trump’s election victory as a result of the positive outlook for cryptocurrency regulation.

View over Tokyo (Ryo Yoshitake/Unsplash)

Japan | CoinDesk