Japan

Japan

Finance

Japan prime minister Sanae Takaichi disavows Solana meme coin after it crashes by 75%

Japan’s prime minister says she has no knowledge of or involvement in a Solana-based meme token that briefly reached a $27.7 million market cap before tumbling.

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

Policy

Japan ETFs said likely to trade by 2028 as SBI, Nomura ready products

The Financial Services Agency is moving to classify crypto as an eligible asset for exchange-traded funds, with potential inflows reaching $6.4 billion, according to Nikkei.

Tokyo Stock Exchange building

Markets

Bitcoin and yen hold steady as Japan's inflation eases and BOJ keeps interest rates unchanged

The Bank of Japan held rates steady while revising inflation and growth projections higher.

Corner of a plaque showing a map of the Bank of Japan.

Markets

Japan bond market panic spills into crypto; 'yields will keep rising until something breaks'

Donald Trump, Greenland and EU trade tensions are grabbing most of the headlines, but financial pros are eyeing Tuesday's shocking surge in Japanese bond yields.

Bitcoin plunges below $40K (Eva Blue/Unsplash)

Markets

Bitcoin and the Japanese yen are moving together like never before

The 90-day correlation between bitcoin and JPY has risen to a record high of over 0.85.

(Manfred Richter/Pixabay)

Markets

Japan’s finance minister says she supports crypto trading at stock exchanges

Finance officials signal tax and regulatory changes aimed at bringing digital assets into the financial mainstream.

Speech by finance minister signals increasing openness toward crypto in Japan. (Photo by Intrepid on Unsplash/Modified by CoinDesk).

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)