Here’s why US debt is out of control — and Japanese debt isn’t
Japanese debt might be high, but it isn’t comparable to American debt, which is set to trigger a financial implosion — and light a spark under Bitcoin. Go to Source
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Japanese listed firm adds Bitcoin as reserve asset with 117 BTC
Since announcing its Bitcoin strategy in April, Metaplanet has accumulated around 117.7 BTC valued at $7.2 million. Go to Source
Japanese Crypto Platform SBI VC Trade Begins Validator Node Operations on XRP Ledger
SBI VC Trade Co., Ltd., a Japanese crypto-asset trading platform, has announced the commencement of its operation as a validator node on the XRP Ledger blockchain. This move aims to earn recognition for reliable performance from the XRP Ledger community and to be selected in the Unique Node List (UNL) of trusted validators recommended by … Read more
Coincheck, Thunder Bridge move closer to Nasdaq listing with public filing
Coincheck and Thunder Bridge Capital filed their registration statement with the SEC, bringing their merger and Nasdaq listing closer to completion. Go to Source
Ripple and Hashkey DX Partner to Boost Blockchain Supply Chain Solutions in Japan
Ripple has teamed up with Tokyo-based consulting firm Hashkey DX to bring XRP Ledger (XRPL) blockchain solutions to the Japanese market, aiming to revolutionize enterprise blockchain use cases in Japan, primarily through supply chain solutions. This strategic partnership will leverage Hashkey DX’s expertise to develop and implement these solutions, in collaboration with SBI Ripple Asia—a … Read more
Ripple breaks ground in Japan, SBI Group to use XRPL for supply chain solutions
Ripple has partnered with HashKey DX to introduce XRP Ledger-based blockchain solutions to the Japanese market. Go to Source
Japan’s Web3 Ambitions Hang in Balance as Political Scandal Rocks Kishida’s Leadership
Japan’s Prime Minister Fumio Kishida and the ruling Liberal Democratic Party are advocating Web3 development amid a major corruption scandal that threatens their political stability. With leadership elections approaching in September and declining party support, the future of Japan’s Web3 policy and initiatives, including a substantial number of active projects, remains uncertain. Despite global challenges … Read more
Japanese Firm Metaplanet to Add $659M in Bitcoin to Its Treasury, Shares Soar 90% in Response
According to the latest figures, Metaplanet, a company listed on the Japanese stock exchange, witnessed its share price soar by nearly 90% in just one day. This significant jump came on the heels of the company’s announcement regarding its intention to incorporate 1 billion yen in bitcoin into its balance sheet. Metaplanet Joins Forces With … Read more
Sony Bank Tests Yen-Pegged Stablecoin, Taps Polygon for Pilot Project
According to a regional report, Sony Bank of Japan is currently exploring the potential of a stablecoin tied to the yen that could be utilized by Sony Group along with its associated entities. Insiders revealed that this endeavor’s testing phase employs the Polygon blockchain, with the crypto firm Settlemint lending its support. Polygon and Settlemint … Read more
Hokkoku Bank Launches Tochika, Japan’s First Deposit-Backed Stablecoin
Hokkoku Bank, a regional financial institution in the Ishikawa prefecture, launched Tochika, Japan’s first deposit-backed stablecoin. Customers of the bank will be able to purchase the currency using Tochitsuka, an app developed by Digital Platformer, that previously allowed users to earn points from city services. Hokkoku Bank Reaches Milestone With Deposit-Backed Stablecoin Tochika Hokkoku Bank … Read more