Metaplanet Bolsters Bitcoin Treasury with $238.7M Purchase, Holdings Hit 15,555 BTC
TL;DR Metaplanet snapped up 2,205 BTC for $238.7 M on July 7, boosting its treasury to 15,555 BTC ($1.68B). The purchase is backed by new...
Japan
Metaplanet Unveils $515M “555 Million Plan” to Corner Bitcoin
TL;DR Metaplanet converted 540,000 warrants into 54 million new shares, raising ¥74.9 billion ($515 million) to kick off its “555 Million Plan” for bulk Bitcoin...
Japan Approves USDC: Crypto Revolution in Asia
TL;DR Circle has achieved what once seemed out of reach: making USDC the first officially approved stablecoin in Japan. This historic decision marks a milestone...
Metaplanet Announces $745 Million Bitcoin Investment Strategy
TL;DR Metaplanet launches $745M Bitcoin strategy: Plans to raise 116B yen via 0% discount warrants to expand Bitcoin holdings, aiming to become a top global...
Kraken Exchange Shuts Down Operation in Japan; Again
At the end of January 2023, Payword Group, the company that is responsible for running the Kraken cryptocurrency exchange, will leave the Japanese market....
Japan Tightens Crypto Money Laundering Safeguards
Japan’s government has approved a Cabinet resolution on October 14th to alter six laws connected to the Foreign Exchange Act in order to further prevent...
North Korea Lazarus Hacker Group Targets Japanese Crypto Firms
Lazarus, a hacker group backed by North Korea, has been mailing spam messages to employees of Japanese cryptocurrency exchanges in an effort to afflict their...
Study Reveals CBDC May Not Succeed in Japan
According to the conclusions of the Central Bank of Japan (BoJ), it is not possible for the Japanese government to launch a central bank digital...
Japan Crypto Taxes Could Slow Advance in the Sector
Cryptocurrency advocacy organizations in Japan want to petition the government to relax the corporation tax regulations that are widely seen as stifling the expansion of...
Japan Passes Bill Clarifying Legal Status of Stablecoins
Japan has enacted a significant bill defining the legal status of stablecoins, leapfrogging other nations in the rush to establish safety nets around the tokens...