Japan
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.
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.
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.
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'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'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.
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.
Japan's SBI Securities, Rakuten Securities plan to offer crypto investment trusts
Another 11 companies responded to a survey saying they would consider offering crypto funds once the regulatory environment becomes clear.
Telecom giant KDDI to acquire 14.9% stake in Coincheck Group in $65 million deal
The companies signed a business alliance for revenue sharing, referral fees and customer referrals to expand crypto access in Japan.
