Bitcoin’s Latest Crash Leaves Average ETF Investor in the Red
TL;DR Bitcoin dropped to a seven-month low of $80,000, losing more than $27,000 from its November 11 peak. BlackRock IBIT recorded withdrawals of $355.5 million, pushing
Japan (Latest Publications)
Japan Grants Shiba Inu Highest Regulatory Status, Elevating It Beyond Meme Status
TL;DR Japan places Shiba Inu among the select digital assets allowed to move across licensed exchanges with simplified requirements, signaling a shift from meme token to
Japan to Reclassify Crypto as Financial Products, Paving Way for Tax Relief
Japan’s Financial Services Agency (FSA) confirmed through local reporting that it is advancing plans to reclassify major crypto assets as financial products, with a formal proposal
Tokyo Stock Exchange Eyes Tougher Rules for Crypto-Buying Companies
TL;DR Japan Exchange Group (JPX) is considering stricter rules for listed companies that buy and hold cryptocurrencies amid concerns about market volatility and investor protection. Three
Japan’s Megabanks Unite to Test Yen Stablecoin With FSA Support
Japan’s Financial Services Agency (FSA) confirmed today it is backing a joint pilot to test yen-pegged stablecoins developed by Mitsubishi UFJ Financial Group, Sumitomo Mitsui Financial
Metaplanet Breaks Ground With $100M Bitcoin-Backed Loan Strategy
The Japanese company Metaplanet has secured a $100 million loan backed by its 30,823 BTC treasury, representing 3% of its total Bitcoin reserves. The loan carries
Japan’s Crypto Market Hits $33B Milestone With Exchanges Leading the Charge
TL;DR Cryptocurrency holdings in Japan reached a record ¥5 trillion ($33.16 billion) as of July this year. Investors are seeking higher returns amid low savings yields
Japan Emerges as 11th Nation to Back Bitcoin Mining With Government Support
TL;DR Japan has officially joined the list of countries supporting Bitcoin mining with government involvement, becoming the 11th nation globally. A significant 4.5 MW order from
Bybit Faces Troubling Setback, Halts New User Signups in Japan
TL;DR Bybit stops onboarding new clients in Japan starting October 31. The move responds to a proactive adaptation to the new FSA regulation. Meanwhile, the FSA
JPYC Launch Marks Breakthrough as Japan’s First Legal Stablecoin
Japan officially entered the stablecoin market today with the launch of JPYC, the country’s first legally recognized yen-backed digital currency, according to a statement by JPYC
Ads
Follow us on Social Networks
Crypto Tutorials
Crypto Reviews
