News on licensing, investor protection, CBDC research, and Japan’s maturing crypto markets.
The yen weakened after the decision, leaving immediate unwind pressure limited as higher funding costs move toward implementation.
Japan’s 20-year auction cleared at 3.856% with slightly stronger coverage, shifting the next test to the BOJ.
Bitcoin is holding near key on-chain thresholds as CPI, the Fed, BOJ policy and Hormuz risks test the assumptions already embedded in rates, oil and market positioning.
Existing fixed debt keeps its terms, while future BitBonds must clear a materially higher funding hurdle.
ETH, SOL and XRP sales produced gains while DOGE posted a loss, leaving roughly 1,506 BTC behind.
The exchange has not set suspension times as block 963,648 opens an Alpha stage for practice ECX.
Its new BitBonds program arrives after sub-1.0 mNAV effectively shut down common-share issuance in the second quarter.
Arthur Hayes is watching a $60 billion Fed limit as the trigger for a Bitcoin liquidity trade tied to Japan’s yen intervention.
Preliminary BOJ data suggest Tokyo intervened over two days as rising Japanese bond yields threaten to pull capital from global risk markets.
