Japan’s FSA weighs treating crypto as securities to pave way for ETFs: report
Japan’s financial watchdog has begun closed-door discussions on revising crypto regulations, including their potential classification as securities. Japan‘s Financial Services Agency is considering classifying cryptocurrencies as financial products similar to securities, Yahoo Japan reports, citing Japanese news outlets. The agency has begun closed-door discussions with experts to review existing regulations. The FSA reportedly plans to […]
Metaplanet’s Bitcoin Strategy Turns It Into Japan’s Fastest-Rising Stock
Metaplanet has become Japan’s hottest stock, surging 3,600% after pivoting to Bitcoin. With 1,762 BTC and a bold 21,000 BTC target, it’s Asia’s top BTC play. Metaplanet Inc. has become Japan’s fastest-rising stock, surging more than 3,600% over the past 12 months as the country experiences a surge in Bitcoin (BTC) demand. Best performing Japanese […]
Apple removes Bybit, KuCoin, Bitget from Japan’s App Store
Apple has quietly removed multiple crypto exchange apps from Japan’s App Store at the request of authorities. Some crypto exchange apps are disappearing from Japan‘s App Store as Apple has seemingly removed several after authorities raised concerns. According to a Yahoo Japan report, mobile applications for Bybit, KuCoin, Bitget, MEXC, and LBank are no longer […]
Bitcoin adoption pushed Metaplanet into Japan’s top 50, CEO says
Metaplanet’s move to a Bitcoin standard in April 2024 has propelled its stock into Japan’s top 50 by trading volume, CEO Simon Gerovich says. Japanese firm Metaplanet saw its market cap jump 7,000% after adopting the Bitcoin (BTC) Standard in April 2024. Metaplanet chief executive Simon Gerovich noted in an X post on Feb. 4 […]
Japan’s Stance on Bitcoin Reserves: A Clear Rejection
The government of Japan has officially responded to Senator Hamada, stating that it has no intention of adopting Bitcoin as part of its foreign exchange reserves due to a lack of understanding and concerns about volatility. As reported by a Japanese media outlet, the government of Japan, on Dec. 20, released its official answer to […]
Japan’s FSA pushes for stronger internal audits in crypto exchanges
The Financial Services Agency has released its 2024 monitoring report, urging better internal audits and closer scrutiny of crypto exchanges. Japan’s financial regulator has called for stronger internal audits across the entire financial sector, highlighting the need for better oversight, especially for crypto exchanges. In a Dec. 26 press release, the Financial Services Agency said […]
