Japan

Asia Morning Briefing: Regional Crypto Power Balance Is Shifting as Japan 'Ready to Pop’
On the sidelines of Token2049 in Singapore, crypto execs kept returning to the same theme: Tokyo is becoming the region’s new crypto capital.

Bitcoin Hits Record High Against Yen as Japan's New PM Sanae Plans to Revive 'Abenomics'
The yen weakened as Sanae said that her government would lead fiscal and monetary policy setting.

Nomura-Owned Laser Digital Plans Crypto License Application in Japan: Bloomberg
The subsidiary of Tokyo-based Nomura is in talks with Japan's Financial Services Agency.

Bank of Japan's Historic ETF Unwind Sparks Market Sell-Off, Dip in Crypto
Threatening the $118,000 level hours earlier, bitcoin slipped back to the $116,000 area.

Metaplanet Sets Up U.S., Japan Subsidiaries, Buys Bitcoin.jp Domain Name
The company also plans to raise 204.1 billion yen ($1.4 billion) in an international share sale to increase its bitcoin holdings.

Bitcoin Traders Should Pay Attention to Japan as Top Economist Warns of Debt Implosion
Debt implosion risks could drive demand for alternative financial escape valves like cryptocurrencies and stablecoins.

Metaplanet Shares Jump After Key Amendments
Investor approval of share expansion and governance changes.

Metaplanet Bitcoin Purchase Takes Holdings to 20K BTC, Overtaking Riot Platforms
1,009 BTC purchase worth $112M is biggest since July, shares drop 5.5%

Yen-Backed Stablecoin Can’t Come at a Better Time as BOJ Seen Raising Rates
Top bankers and economists expect the BOJ to hike rates in the fourth quarter, boosting the appeal of yen and yen-backed assets.

Japan's Finance Minister Says Crypto Assets Can be Part of Diversified Portfolio
Kato's remarks come amid concerns over Japan's high debt-to-GDP ratio and the potential for financial repression and yen depreciation.

