Japan’s three largest banks, Mitsubishi UFJ Financial Group, Sumitomo Mitsui Financial Group, and Mizuho Financial Group, have partnered with the country’s Financial Services Agency (FSA) to develop a […]
Japan Launches First Yen-Backed Stablecoin, Setting Precedent for Digital Finance
JPYC, a new stablecoin platform backed by bank deposits and Japanese government bonds, is officially live, marking Japan’s entry into the world of digital currency. The token aims […]
Bank of Japan’s Bond Operations: Market Anomaly & Historical Context
The Bank of Japan’s recent bond-buying operations on August 14 and 20 have sparked a rare anomaly in the financial markets, creating unusual auction results and significant shifts […]
Japan’s Finance Minister Discusses Cryptocurrency Inclusion in Investment Portfolios
Japanese Finance Minister Katsunobu Kato expressed openness to cryptocurrencies within diversified portfolios, provided an appropriate investment environment is established. “Crypto assets present high volatility risk but could be […]
Japan’s Finance Minister Sees Crypto Potential in Diversified Portfolios
Japan’s Finance Minister, Katsunobu Kato, expressed optimism about cryptocurrencies playing a role in diversified investment portfolios, despite their volatility. He emphasized the government’s commitment to encouraging innovation without […]
Japan’s Finance Minister Advocates for Cryptocurrency Integration into Diversified Portfolios
Amidst economic concerns regarding Japan’s high debt levels, Finance Minister Katsunobu Kato expressed support for incorporating cryptocurrencies within diversified investment portfolios. According to Bloomberg, during the WebX2025 forum […]
Japan Prepares to Launch First Regulated Yen-Pegged Stablecoin: Impact on Financial System and Global Market
Japan is set to launch its first regulated yen-denominated stablecoin, JPYC, expected to receive approval this fall. Backed by bank deposits and Japanese government bonds, this digital currency […]