Japan


Finance

Crypto exchange Bybit to restrict access for Japanese users as regulatory pressure mounts

The announcement comes just days after Bybit said it had returned to the U.K.

Close up of the red circle at the center of the Japanese flag. (DavidRockDesign/Pixabay)

Markets

Bitcoin Faces Japan Rate Hike: Debunking The Yen Carry Trade Unwind Alarms, Real Risk Elsewhere

Speculators maintain net bullish positions in the yen, limiting scope for sudden JPY strength and mass carry unwind.

japan, flag. (DavidRockDesign/Pixabay/Modified by CoinDesk)

Markets

Japan’s Higher Rates Puts Bitcoin in the Crosshairs of a Yen Carry Unwind

A stronger yen typically coincides with de-risking across macro portfolios, and that dynamic could tighten liquidity conditions that recently helped bitcoin rebound from November’s lows.

Aerial view of Tokyo (Jaison Lin/Unsplash, modified by CoinDesk)

Markets

Japan’s FSA to Mandate Liability Reserves for Crypto Exchanges to Enhance Security: Report

Japan's Financial Services Agency is set to require digital asset exchanges to maintain liability reserves to protect users.

japan, flag. (DavidRockDesign/Pixabay/Modified by CoinDesk)

Markets

Yen Slump Is Bullish for BTC and Risk Assets. Or Is It?

Historically, yen weakness has been linked to risk-on sentiment. However, this narrative now appears challenged against the backdrop of Japan’s mounting fiscal strains.

japan, flag. (DavidRockDesign/Pixabay/Modified by CoinDesk)

Markets

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

FastNews (CoinDesk)

Markets

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.

Aerial view of Tokyo (Jaison Lin/Unsplash, modified by CoinDesk)

Policy

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.

Aerial view of Tokyo (Jaison Lin/Unsplash, modified by CoinDesk)

Finance

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.

Aerial view of Tokyo (Jaison Lin/Unsplash, modified by CoinDesk)

Markets

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.

3350 Share Price (TradingView)