Japan
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.
Crypto Exchange Gate.io Exits Japan
"As one of the world's leading cryptocurrency exchanges, we strive to comply with financial regulations in all regions in which we operate," a blog on Gate.io said.
Sony to Restart Japanese Crypto Exchange Whalefin Purchased From Amber Group in 2023
The technology giant has dabbled in Web3 through partnerships and investments in startups.
Metaplanet Discloses $1.6M BTC Purchase; Shares Jump 10%
The investment firm now owns 141 BTC, worth about $9.4 million.
Crypto Exchange DMM Bitcoin to Raise $320M to Pay Back Hack Victims
The Japanese exchange said it will obtain support from "group companies."
Japanese Crypto Exchange DMM Bitcoin Suffers $305M Hack
Measures have been taken to prevent further unauthorized outflows, the exchange said.
Metaplanet Makes Bitcoin a Reserve Asset as Japan’s Debt Mountain Grows
The announcement comes as the yen, one of the top five global reserve currencies, bears the brunt of Japan's fiscal imprudence.
Bitcoin Trades At Slight Premium in Yen Terms Amid Suspected BOJ Intervention
The Japanese yen swung wildly on Monday, recovering 500 pips from over three-decade lows on suspected BOJ intervention.
Japan's Embrace of Web3 Uncertain as Ruling Party Under Threat
Liberal Democratic Party leader and Prime Minister Fumio Kishida once called Web3 a “new form of capitalism,” but he faces a party leadership election in September.
Bank of Japan Ends Eight-Year Negative Rates Regime; Bitcoin Slides to $62.7K
The BOJ hiked the benchmark borrowing cost by 10 basis points, abandoning the prolonged negative interest rate policy.
