JAPAN

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 […]

Highlights: Japan’s daily crypto trading is predicted to rise to 500,000 by year’s end New regulations and ETFs boost Japan’s crypto market, attracting institutional and retail investors Sony Group acquires Amber Japan, rebrands as S.BLOX, integrating with broader business strategies […]

Highlights: Sony Group has entered the crypto exchange sector by acquiring Amber Japan, now S.BLOX. S.BLOX will enhance its WhaleFin service with a new UI, apps, and expanded features. Japan’s crypto landscape evolves as firms integrate Bitcoin amid the Yen’s […]