Japan
Japan Approves $135B Stimulus Package; BTC Dip Keeps Giving
The package aims to ease the burden of inflation on households and businesses, according to media report
Tokyo Exchange Operator Mulls Limits on Digital Asset Treasury Firms: Report
The operator is considering stricter enforcement of listing rules and audits to protect investors, Bloomberg reported.
Japan Regulator to Support Country's 3 Largest Banks in Stablecoin Issuance
Japan's financial regulator, FSA, said the venture will see MUFG, SMBC and Mizuho explore the joint issuance of a stablecoin as an electronic payment instrument.
Japan's $2T Payment Provider TIS Rolls Out Multi-Token Platform With Avalanche
The payments firm's platform, developed with AvaCloud, aims to help banks, corporates issue and settle stablecoins and tokenized assets.
Metaplanet Initiates 13% Share Buyback Program With $500M Credit Facility
The Tokyo-listed firm started a repurchase program for 13% of its stock to enhance shareholder value and optimize capital efficiency.
Japan's New Yen Stablecoin is Asia’s Only Truly Global Fiat-Pegged Token
With the yen freely convertible and backed by Japan’s deep government bond market, JPYC’s launch stands apart from the region’s onshore-only experiments in Korea, Taiwan, and beyond.
Japan Considers Allowing Banks to Trade Digital Assets Such as Bitcoin: Report
The reform would enable banks to trade cryptocurrencies similarly to stocks and bonds, with regulations to ensure stability.
Japan's Top Banks Plan Joint Stablecoin Launch: Nikkei
Mitsubishi UFJ, Sumitomo Mitsui and Mizuho Financial Groups aim to create a shared framework for stablecoin issuance and transfer, according to a story in Nikkei.
SoftBank’s PayPay Buys 40% Stake in Binance Japan to Fuse Crypto With Cashless Payments
The partnership will allow PayPay's 70 million users to buy, sell, and store digital assets, starting with the integration of PayPay Money into Binance Japan.
Bitcoin Under Pressure as Japanese Bond Yield Hits 17-Year High, Yen Depreciates
The hardening of Japanese government bond yields could spillover into other sovereign bond markets, capping upside in risk assets, including BTC.
