JAPAN

Highlights: Metaplanet raised ¥10 billion through stock sales aimed to expand its Bitcoin holdings. Over 13,000 shareholders backed Metaplanet’s strategy, reflecting strong investor confidence. The company sees Bitcoin as a hedge against yen devaluation, aligning with global corporate trends. Metaplanet […]

Highlights  The Democrat Party for the People (DPP) has unveiled a crypto tax plan ahead of the elections.  The party seeks to reduce crypto taxes to 20% to boost web3 investment in the country.  Crypto users laud recent moves by […]

Highlights: Metaplanet sold 233 Bitcoin put options at a $62,000 strike price, expiring December 27. The trade generated 23.97 BTC in premium income, increasing Metaplanet’s holdings to 530.72 BTC. Metaplanet increases Bitcoin holdings to address economic challenges after the Yen’s […]

Highlights: Prime Minister Shigeru Ishiba advocates blockchain and NFTs to enhance Japan’s local assets and global economy. Ishiba appoints Web3 advocate Masaaki Taira as Digital Affairs Minister to drive economic revitalization through technology. Japan reviews crypto laws; potential tax cuts […]

Highlights: Metaplanet acquires additional ¥1 billion worth of BTC, increasing its total holdings to 506.7 BTC valued at ¥4.75 billion. The firm’s “Bitcoin First, Bitcoin Only” strategy focuses on Bitcoin over traditional assets like the yen to hedge against inflation. […]

Highlights: A subsidiary of Tokyo Electric Power is experimenting with using renewable surplus energy to mine BTC. Utilizing 10% of Japan’s wasted renewable power could yield $2.5 billion annually. Industry leaders like Fred Thiel praise Japan’s innovative approach to energy […]

Highlights: Japan’s megabanks MUFG, SMBC, and Mizuho are testing Project Pax, a cross-border stablecoin transfer platform. Project Pax uses Progmat’s stablecoin platform, integrating SWIFT’s API for faster, cost-effective international settlements. The pilot aims to commercialize by 2025, revolutionizing global banking […]

Highlights: Ripple plans to launch the RUSD stablecoin in Japan, pending U.S. regulatory approval. Ripple’s Japan strategy leverages regulatory clarity and market readiness. Garlinghouse suggests future yen-backed stablecoin, enhancing Ripple’s local offerings. Ripple CEO Brad Garlinghouse has confirmed plans to […]

Highlights: Japan may cut crypto tax from 55% to 20%. Japan’s financial regulator proposes classifying cryptocurrencies as financial assets and advocates for tax reform. Japan’s crypto market is rapidly growing, attracting major investments. The Japanese government plans to cut the […]

Highlights: Metaplanet partners with SBI Group’s crypto division to enhance Bitcoin trading, custody, and management strategies in Japan. The collaboration aims to increase Bitcoin adoption in Japan, providing Metaplanet with compliant custodial services and financial flexibility. SBI VC Trade supports […]

Highlights: Japan prioritizes Web3 and blockchain to address societal challenges and drive economic growth under its “New Capitalism” policy. Government reforms support Web3 startups with enhanced legal frameworks and investment opportunities in the evolving digital economy. Japan explores stablecoins and […]

Highlights: Metaplanet acquired 20.381 BTC, totaling nearly 246 BTC. The company fulfills its plan to purchase 1 billion yen worth of BTC. Metaplanet’s stock price soared 20% following the news. On July 22, Japanese investment and consulting firm Metaplanet announced […]