Japan

Japan

Merkado

Metaplanet explores bringing bitcoin-backed digital credit to Japan

The bitcoin treasury company is working with JPYC and Progmat to explore tokenized credit products backed by bitcoin, aiming to create efficient, 24/7 credit markets in Japan.

Neon sign saying 'Open 24 hours'

Merkado

Bank of Japan may speed up rate hikes, pushing borrowing costs above 2%, ex-BOJ official warns

Former BOJ official issues interest-rate warning as yen continues to slide against the dollar.

Bank of Japan. (Credit: By Wiiii-Wikimedia Commons/Modified by CoinDesk)

Pananalapi

SBI's $289 million Bitbank deal is symptomatic of Japan's crypto consolidation: Architect Partners

The investment bank said the purchase of Japanese crypto exchange Bitbank is a bet on regulated scale as sweeping reforms reshape the country's digital asset market.

Tokyo, Japan (Jaison Lin/Unsplash)

Pananalapi

Japanese financial services giant SBI Holdings to buy Bitbank for $289 million

SBI said the purchase of the crypto exchange is set to close in October.

Tokyo (mako/Unsplash)

Merkado

Circle and Nomura join forces to target a $440 billion daily foreign exchange market in Japan

The stablecoin giant and the Japanese financial corporation plan to deploy cross-border foreign exchange settlements as early as next year.

Nomura (Hamihoko/Wikimedia Commons)

Patakaran

Japan’s parliament poised to pass sweeping bill to regulate crypto like stocks

The new rules, which are expected to come into effect in 2027, aim to foster innovation and crypto market growth to meet internal and external demand for digital asset services.

Japan Lower House (Kimtaro/Wikimedia Commons)

Pananalapi

Japan's three largest banks aim for joint stablecoin issue by March

MUFG, SMBC and Mizuho will establish a council to explore operational frameworks and prepare for the issuance of stablecoins.

Japan flag in front of a building (Roméo A./Unsplash)

Patakaran

Japan's ruling party supports crypto ETF trading, yen-based stablecoins

Japan's ruling Liberal Democratic Party said the country should create a legal framework for trading crypto ETFs in a proposal to the finance minister.

Close up of the red circle at the center of the Japanese flag. (DavidRockDesign/Pixabay)

Patakaran

Polymarket aims for prediction market approval in Japan by 2030

Mike Eidlin, head of Japan at cryptocurrency exchange Jupiter, is leading Polymarket's efforts, according to reports.

Shayne Coplan, founder and CEO of Polymarket (CoinDesk/Jesse Hamilton)