Bitcoin Transfers $188M to Coinbase Fast
Metaplanet moved 2,400 BTC worth $186M to Coinbase Prime on Aug 31, totaling 4,750 BTC since Aug 25. CEO confirms custodial transfers with no liquidation intent. #Update #Crypto $BTC
Japan
Yen Stablecoin Launches by Japan’s Megabanks
Japan’s largest banks, @MUFG, SMBC, and Mizuho, collaborate on a yen-backed stablecoin framework targeting Japan’s 2026 fiscal year; regulatory approval pending. #Update #Crypto
Bank of Japan Raises Rates to 1995 High
The Bank of Japan raised its key interest rate by 25 basis points to 1%, the highest since 1995, with Bitcoin stable at $66,300; over $535 million in crypto futures positions were liquidated. #Update #Crypto $BTC
Bitcoin Remains Steady Amid Bank of Japan Rate Hike
The Bank of Japan raised its key interest rate to 1%, the highest since 1995, amid inflation pressures. Bitcoin remained stable, while crypto markets reacted positively to the pause in quantitative easing. #Update #Crypto $BTC
Bitcoin Yield Products Launch in Japan
Metaplanet acquires Siiibo Securities for $13M to launch Bitcoin yield products in Japan, leveraging 40,177 BTC holdings. Completion expected by August 2026. #Update #Crypto $BTC
Crypto Regulation Bill Set to Pass in Japan
Japan’s House of Representatives passed a bill to regulate cryptocurrencies as financial instruments, allowing for ETFs and imposing stricter rules, including an insider trading ban. #Update #Crypto $BTC $ETH
Yen Stablecoin Launches by Japan Banks
Japan’s MUFG, Mizuho, and SMBC sign MOU to launch a yen stablecoin by March 2027, challenging USD stablecoins’ dominance in the $300B market. #Update #Crypto
Japan’s Banks Launch Joint Stablecoin Initiative
Japan’s three largest banks, @MitsubishiUFJ, @SMBCGroup, and @MizuhoFG, plan to issue a stablecoin by March 2024, supported by the Financial Services Agency. #Update #Crypto $USDT
Bitcoin Ethereum XRP Stack on Deposits
SBI Shinsei Bank launches a 3-month crypto rewards pilot, offering depositors vouchers redeemable for $BTC, $ETH, or $XRP. Permanent rollout planned for fall 2026. #Update #Finance
SEC Targets Binance in $5B Crackdown
France warns crypto firms of prosecution under MiCA; Coinbase and Kalshi introduce regulated perpetual futures in the U.S.; Japan pushes for yen stablecoins. #Update #Legal
Crypto ETFs and Stablecoins Urged for Approval
Japan’s LDP Proposes Legal Framework for Cryptocurrency ETFs and Stablecoins The Liberal Democratic Party (LDP) of Japan has proposed a legal framework for cryptocurrency exchange-traded funds (ETFs). The initiative includes promoting yen-based stablecoins as a medium for transactions in Asia. Finance Minister Satsuki Katayama received the proposal, which aims to simplify investment access to digital… Read More »Crypto ETFs and Stablecoins Urged for Approval
Crypto ETF Trading Approved by Japan’s Ruling Party
Japan’s ruling Liberal Democratic Party proposes a legal framework for cryptocurrency ETFs and yen-based stablecoins to enhance investment options, following recent regulatory updates. #Update #Crypto $BTC $ETH
Prediction Market Approval Targeted by Polymarket 2030
@Polymarket is lobbying for prediction market authorization in Japan by 2030, appointing Mike Eidlin to lead efforts amid strict gambling laws. #Update #Crypto $JUP
Bitcoin Trusts Launched by SBI Rakuten
SBI Securities and Rakuten Securities plan to offer crypto investment trusts, targeting retail accounts with bitcoin and ethereum exposure as Japan’s FSA eyes 2028 regulatory changes. #Update #Crypto $BTC