Latest updates, press releases, and insights from the volatile world of digital assets.
Mitsubishi UFJ Financial Group launches a proof-of-concept with Digital Asset and Progmat to enable faster onchain settlement of JGB repo trades on the Canton Network
FSA and police request 11 measures including waiting periods after deposits and address registration to slow movement of fraud proceeds through digital asset platforms
Tokyo-based issuer closes Series B extension with logistics firm AZ-COM Maruwa as strategic backer, advancing real-world use in trucking and retail
Coordinated currency action strengthens the yen and pressures risk assets, with Bitcoin sliding amid fears of leveraged position unwinds
The exchange has halted new registrations from Japanese users and will force-close remaining positions on December 31 after years of regulatory warnings
A central bank experiment with 200 USDC transfers across 10 corridors shows costs ranging from 0.3% to nearly 9%, driven mainly by fiat conversion rather than blockchain fees
Tokyo-listed firm liquidates more Ethereum holdings through subsidiary, cedes top Japan corporate treasury ranking while directing proceeds to Nvidia GPUs and infrastructure
Regulators plan regulatory changes to recognize cryptocurrencies as financial products, potentially unlocking significant inflows from retail and institutional investors
AZ-COM Maruwa Holdings plans to use the yen-pegged stablecoin for faster, fee-free settlements with contractors including truck drivers, marking a major corporate adoption in Japan
Japan's parliament has passed amendments classifying cryptocurrencies as financial products under securities law, introducing insider trading rules, higher penalties, and a path to a 20% tax rate along with potential ETFs
