Japan


Finance

Japan's Metaplanet Buys Another $6.7M Worth of Bitcoin

Metaplanet bought around 108.8 BTC at an average price of just under 9.2 million yen per coin

Tokyo, Japan (Ryo Yoshitake/Unsplash)

Markets

Bitcoin Holder Metaplanet Sells BTC Options to Boost Coin Stash

The company strengthens its bitcoin position with a strategic options sale, generating nearly 24 BTC ($1.44M) in premium.

Japanese Flag (Shutterstock)

Markets

Bitcoin Tumbles Back Below $64K as Surprise Japan Prime Minister Choice Triggers 5% Plunge in Nikkei

Overbought conditions also surely played a role in bitcoin's Monday decline.

Ether has fallen below a key bull market trendline.  (Eva Blue/Unsplash)

Policy

Japan Plans to Review Its Crypto Rules: Bloomberg

The review which will occur over the coming months could also pave the way for crypto exchange traded funds.

Tokyo, Japan (Ryo Yoshitake/Unsplash)

Policy

Japans Financial Regulator Mulls Taxing Crypto as Financial Asset

A change in the regime could result in lower taxes for some crypto investors.

Tokyo, Japan (Ryo Yoshitake/Unsplash)

Finance

Metaplanet Teams Up With SBI VC Trade for Bitcoin Custody

Metaplanet said it was adopting bitcoin as a reserve asset in May and had accumulated a total of 360 BTC by mid-August.

(Beth Macdonald/Unsplash)

Markets

Attention Bitcoin Traders, the Japanese Yen Is Strengthening Again

A similar yen outperformance early this month triggered carry unwind and rocked risk assets, including cryptocurrencies.

Tokyo, Japan (Ryo Yoshitake/Unsplash)

Policy

Japan's Top Regulator Says Crypto-ETF Approvals Need 'Cautious Consideration:' Report

The U.S., Hong Kong and Australia have all recently given green lights to crypto-related ETFs.

Tokyo, Japan (thetalkinglens/Unsplash)

Finance

Metaplanet Arranges Loan to Buy $6.8M of BTC

The Japanese company announced its plan to adopt bitcoin as a reserve asset to hedge against the volatility of the yen in May.

Tokyo, Japan (Ryo Yoshitake/Unsplash)

Markets

Bitcoin Keeps Weekly Loss as 'Anti-Risk' Yen Strengthens After BOJ Rate Hike

The yen’s popularity as a funding currency can cause knock-on effects in other markets, helping tighten global financial conditions, BlackRock said.

Tokyo, Japan (Ryo Yoshitake/Unsplash)