Tag Archives: japan

Bitcoin Won’t Break Out Until The Fed Steps Into Yen/JGB Chaos: Arthur Hayes

Posted on by — No Comments ↓

Arthur Hayes says Bitcoin’s next leg higher is less about crypto-specific catalysts and more about whether US policymakers are forced to respond to mounting stress in Japan’s currency and government bond markets. stress he argues will ultimately translate into fresh dollar liquidity. In his latest essay, “Woomph,” published Wednesday, Hayes frames the recent yen weakness… Continue reading Bitcoin Won’t Break Out Until The Fed Steps Into Yen/JGB Chaos: Arthur Hayes→

Digital Yen Goes Live: JPYC EX Integrates Traditional Finance With DeFi

Posted on by — No Comments ↓

Japan has officially stepped into the regulated stablecoin era with the launch of JPYC EX, the country’s first fully licensed digital yen under the revised Payment Services Act. This milestone marks a pivotal moment for Japan’s financial sector, bridging traditional banking infrastructure with the Web3 ecosystem. Building on earlier versions of JPYC, the new JPYC… Continue reading Digital Yen Goes Live: JPYC EX Integrates Traditional Finance With DeFi→

Sei Network Unlocks Japan Market After Hitting $626M In TVL

Posted on by — No Comments ↓

US traders and DeFi fans have turned their eyes to Sei Network (SEI) after its Total Value Locked (TVL) climbed past $626 million. That leap marks a huge rise from about $60 million at the start of 2024, showing a strong wave of new funds and fresh users staking assets on the chain. Sei Network TVL Rockets… Continue reading Sei Network Unlocks Japan Market After Hitting $626M In TVL→

Bitcoin ETFs Coming To Japan? Government Prepares To End Ban

Posted on by — No Comments ↓

The sun could be set to shine brighter in Japan’s financial horizon, as regulators take another look at how Bitcoin will play a role in the country’s financial landscape. Authorities are now considering lifting a long-standing ban on Bitcoin and crypto exchange-traded funds (ETFs). This might signal a new era in the government’s outlook on… Continue reading Bitcoin ETFs Coming To Japan? Government Prepares To End Ban→

Bitcoin Reserve Idea Sparks Cautious Response From Japan PM: Report

Posted on by — No Comments ↓

According to a recent report by Japanese cryptocurrency publication CoinPost, Japan’s Prime Minister Shigeru Ishiba has taken a cautious stance on the proposal to establish a national Bitcoin (BTC) reserve.  Ishiba Hesitant On Bitcoin Reserve Plans While some policymakers in Japan are advocating for the country to follow the lead of nations like the United… Continue reading Bitcoin Reserve Idea Sparks Cautious Response From Japan PM: Report→

Metaplanet To Expand Bitcoin Holdings With $11.3 Million Bond Sale

Posted on by — No Comments ↓

In an announcement today, Japanese firm Metaplanet revealed plans to increase its Bitcoin (BTC) holdings by issuing $11.3 million worth of bonds to fund the purchase. Metaplanet To Increase BTC Holdings Through Bond Issuance The Tokyo-listed company announced on November 18 that its Board of Directors had approved a debt sale with a guarantee worth… Continue reading Metaplanet To Expand Bitcoin Holdings With $11.3 Million Bond Sale→

Japan’s Metaplanet Increases Bitcoin Holdings By $2 Million, Here’s How Much BTC It Owns Now

Posted on by — No Comments ↓

Japanese early-stage investment company Metaplanet purchased an additional $2 million worth of Bitcoin today, reaffirming the firm’s trust in the leading digital asset. ‘Japanese MicroStrategy’ Bolsters Its Bitcoin Reserves In an announcement on September 10, 2024, Metaplanet said it had increased its cryptocurrency holdings by 38.464 BTC, bought for approximately 300 million yen ($2 million).… Continue reading Japan’s Metaplanet Increases Bitcoin Holdings By $2 Million, Here’s How Much BTC It Owns Now→