SBI Group backs payments firm dtcpay in $25 million funding round
Stablecoin payments company dtcpay completed a $25 million Series A funding round with a strategic investment from Japan’s SBI Group.
Japan
Bank of Japan raises interest rates by 25 basis points. Bitcoin tops $77,000
The yen declined and BTC rose after the BOJ hiked rates to the highest level in 31 years.
Japan’s SBI Group is building Asia’s first cross-border digital asset empire
The securities giant announced today the consolidation of Singapore-based Coinhako as part of a rapid regional expansion that includes a tokenization partnership with Ondo Finance.
Bank of Japan may speed up rate hikes, pushing borrowing costs above 2%, ex-BOJ official warns
Former BOJ official issues interest-rate warning as yen continues to slide against the dollar.
Japanese financial services giant SBI Holdings to buy Bitbank for $289 million
SBI said the purchase of the crypto exchange is set to close in October.
Japan’s three largest banks aim for joint stablecoin issue by March
MUFG, SMBC and Mizuho will establish a council to explore operational frameworks and prepare for the issuance of stablecoins.
Crypto Currency: a Primer
By 16 January 1945, this offensive had been repulsed with no strategic objectives fulfilled. In Italy, the Western Allies remained stalemated at the German defensive line. On 4 February Soviet, British, and US leaders met for the Yalta Conference. In February, the Soviets entered Silesia and Pomerania, while the Western Allies entered western Germany and closed to the Rhine river. […]
Japan moves to classify cryptocurrencies as financial products
The new rules ban insider trading, require issuers to publish annual disclosures, and impose stricter penalties: up to 10 years in prison and 10 million yen in fines for operating without registration.
Japan’s Finance Minister Says Crypto Assets Can be Part of Diversified Portfolio
Kato’s remarks come amid concerns over Japan’s high debt-to-GDP ratio and the potential for financial repression and yen depreciation.
Eric Trump Makes Bitcoin Price Predictions as He Reportedly Gets Ready to Visit Metaplanet
Eric Trump says he’s a “bitcoin maxi” and sees BTC hitting $175K this year, as reports point to new ventures in Japan and Hong Kong.