Japan News

Metaplanet issued 2 billion yen ($13.3 million) in zero-interest bonds to capitalize on Bitcoin’s recent price dip and increase its BTC holdings.

Japan’s Financial Services Agency will look to change financial laws to bring cryptocurrencies under insider trading rules as early as 2026, Nikkei reports.

LY Corporation denied reports that its Line Next blockchain venture had established a business partnership with Sony’s Ethereum layer 2.

Circle announced that its USDC stablecoin will launch on Japan’s SBI VC Trade crypto exchange on March 26.

Metaplanet has issued around 44 million common shares to fund its BTC purchases, a strategy that has attracted investor interest.

Japan’s Liberal Democracy Party takes a proactive approach to crypto regulations as the country softens its stance toward digital assets.

South Korea’s financial regulator has reportedly examined the Japanese Financial Services Agency’s legislative trend toward digital assets.

Japanese investment firm Metaplanet has bought Bitcoin for the second time this week, which has seen its share price jump 19% so far in the Tokyo trading day.

Following registration, SBI VC Trade expects to launch its first USDC stablecoin transactions for selected users on March 12.

Bitcoin-stacking Metaplanet has snapped up another 156 Bitcoin as the firm’s CEO says it’s exploring “ways to make its shares more accessible.”

This week’s business newsletter explores Goldman Sachs’ U-turn on digital assets after the investment bank purchased Bitcoin and Ether ETFs.

Metaplanet, known as the “Microstrategy of Asia,” has raised an additional 4 billion JPY in zero-interest bonds to buy more Bitcoin.

Despite a significant jump in quarterly revenue, Coincheck Group still reported a net loss of $98.1 million.

The BTC purchase is part of Gumi’s broader expansion into the blockchain sector, which includes acquiring and managing “high-quality tokens.”

Metaplanet shares have risen 4,800% as the company, known as “Asia’s MicroStrategy,” has stacked Bitcoin.