Quick Breakdown JPYC becomes Japan’s first fully yen-backed stablecoin, supported by bank deposits and government bonds. JPYC EX platform enables secure, regulated issuance and redemption under Japan’s AML laws. The move positions Japan for increased stablecoin competition and potential regulatory expansion in crypto investments. JPYC debuts Japan’s first yen-pegged Stablecoin ...
Quick Breakdown Bank of Japan’s Ryozo Himino calls for regulatory reforms to address rising stablecoin adoption and non-bank financial growth. Warns that half of global financial assets now lie outside Basel 3 oversight, urging modernization of prudential standards. Says stablecoins could replace traditional bank deposits, reshaping global payments and financial ...
Quick Breakdown Japan’s biggest banks — MUFG, SMBC, and Mizuho — are teaming up to launch a yen- and dollar-pegged stablecoin. The project, built on MUFG’s Progmat platform, aims to simplify settlements and reduce costs for businesses. It marks a major step in Japan’s strategy to modernize payments and expand ...
Quick Breakdown Japan’s SESC to gain powers to investigate and penalize crypto insider trading. FSA aims to submit a new regulatory framework proposal by next year. Pro-tech leadership under Sanae Takaichi could boost innovation while enforcing stronger oversight. Japan moves to regulate crypto insider trading Japan’s securities regulator is ...
Quick Breakdown Simplification and Growth Potential: Moving from a progressive tax of up to 55% to a flat 20% rate could simplify compliance, reduce investor flight, and encourage both retail and institutional participation in Japan’s crypto market. Revenue and Investment Balance: While high earners will pay less, broader participation and ...
Japan is facing a deepening fiscal crisis, marked by ballooning national debt, decades-long deflationary pressures, and a rapidly weakening yen. As the country’s debt-to-GDP ratio remains the highest among developed economies, concerns over long-term financial stability are growing. The Bank of Japan\'s ultra-loose monetary policy has kept interest rates near ...
Ripple has struck a new deal with SBI Holdings to introduce its U.S. dollar-backed stablecoin, Ripple USD (RLUSD), to the Japanese market, marking a major step in the country’s regulated digital asset ecosystem. Announced on August 22, Ripple and SBI VC Trade SBI’s licensed crypto asset exchange arm signed a ...
In a bold strategic pivot, crypto platform Bakkt is set to transform Tokyo-listed company Marusho Hotta into a Bitcoin-centric investment entity, following a newly announced acquisition deal. On August 6, Bakkt Holdings revealed it would acquire a 30% stake in Marusho Hotta from Japanese wellness conglomerate RIZAP Group, positioning itself ...
On July 8, 2025, SBI Group’s Aplus card division introduced a pioneering rewards program in Japan that allows credit card users to convert their reward points directly into cryptocurrencies, including XRP, Bitcoin (BTC), and Ethereum (ETH). This initiative marks the first significant integration of crypto rewards within Japan’s mainstream credit ...
In a landmark move for Japan’s corporate and crypto landscape, consulting firm Remixpoint has become the first publicly listed company in the country to pay its CEO’s salary entirely in Bitcoin. Announcing the decision in an official press release, Remixpoint revealed that its President and CEO, Yoshihiko Takahashi, personally chose ...
