Bitcoin Holder Metaplanet Sells BTC Options to Boost Coin Stash
The company strengthens its bitcoin position with a strategic options sale, generating nearly 24 BTC ($1.4M) in premium.
Japan
Japans Financial Regulator Mulls Taxing Crypto as a Financial Asset
A change in the regime could result in lower taxes for some crypto investors.
Metaplanet Teams Up With SBI VC Trade for Bitcoin Custody
Metaplanet said it was adopting bitcoin as a reserve asset to hedge against the volatility of the yen in May and had accumulated a total of 360 BTC by mid-August.
Attention Bitcoin Traders, the Japanese Yen Is Strengthening Again
A similar yen outperformance early this month, triggered carry unwind and rocked risk assets, including cryptocurrencies.
Japan’s Top Regulator Says Crypto-ETF Approvals Need ‘Cautious Consideration:’ Report
The boss of Japan’s Financial Services Agency (FSA) has said “cautious consideration” needs to be given to the decision of approving crypto-related exchange-traded funds.
Metaplanet Arranges Loan to Buy $6.8M of BTC
The Japanese company announced its plan to adopt bitcoin as a reserve asset to hedge against the volatility of the yen in May.
Japan’s Metaplanet Wants to Buy Another $6M Bitcoin
The firm will purchase over $6.2 million worth of bitcoin using proceeds from an upcoming bond issuance, adding to its BTC coffers.
Metaplanet Discloses $1.6M BTC Purchase; Shares Jump 10%
Japanese investment firm Metaplanet has disclosed an additional bitcoin {{BTC}} purchase worth 250 million yen ($1.58 million), taking its total holdings up to 141 BTC ($9.4 million).
Crypto Exchange DMM Bitcoin to Raise $320M to Pay Back Hack Victims
Japanese exchange DMM Bitcoin outlined plans to raise $320 million to purchase bitcoin and pay back victims of last week’s hack.
Japanese Crypto Exchange DMM Bitcoin Suffers $305M Hack
Measures have been taken to prevent further unauthorized outflows, the exchange said.