Japan

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.

SBI Holdings eyes stake in crypto exchange Bitbank to build digital asset powerhouse
The Tokyo-based broker is betting big on crypto with plans in Singapore and a Visa partnership for bank cards that allows users to accumulate digital assets.

Almost 80% of Japan's institutional investors plan to buy crypto within 3 years, survey finds
A survey by Nomura reveals that roughly 80% of Japan's investment professionals plan to allocate up to 5% of their portfolios to digital assets by 2029.

Nomura study says 65% of institutional investors see crypto as a vital portfolio diversifier
A new survey from Nomura and Laser Digital shows improving sentiment among institutional investors, as regulatory clarity and new products drive deeper engagement with digital assets.

Japan moves to classify cryptocurrencies as financial products
The new rules ban insider trading, require issuers to publish annual disclosures, and impose stricter penalties: up to 10 years in prison and 10 million yen in fines for operating without registration.

Metaplanet raises $255 million to accelerate bitcoin accumulation
The Japanese bitcoin treasury firm structured the financing with premium-priced shares and warrants that could unlock up to $531 million.
