Nomura Holdings, GMO Group form stablecoin research partnership in Japan
Nomura Holdings and the GMO Internet Group are exploring ways to bring new stablecoin offerings to the Japanese market. Go to Source
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Nomura and GMO Collaborate on Japanese Stablecoin Issuance
Nomura Holdings, a leading global financial services group, has partnered with Laser Digital, its subsidiary focused on digital asset solutions, and GMO Internet Group, a prominent Japanese technology company renowned for its internet infrastructure, online advertising, and fintech services. The collaboration aims to explore the issuance of stablecoins denominated in JPY and USD in Japan. … Read more
Metaplanet Shares Soar 158% on Bitcoin Strategy, Triggering Consecutive Trading Halts
Trading in Metaplanet’s stock was halted for two consecutive days by the Tokyo Stock Exchange due to a significant price surge, following the company’s adoption of a bitcoin investment strategy similar to Microstrategy’s, which led to a 158% increase in its share price over the last week. The company’s stock price rally, which rose 127% … Read more
Bitcoin hits record in Japan, Argentina and Philippines’ local currency
For the first time in history, the price of one Bitcoin exceeded 11 million yen in Japan, while prices also peaked in terms of the Argentinean and the Philippines peso. Go to Source
Metaplanet Unveils ‘Bitcoin-First’ Strategy to Face Japan’s Economic Weakness
Metaplanet, a Tokyo-listed public company, has unveiled a “bitcoin first” strategy to combat the Japanese economy’s weakness and the yen’s devaluation. In a document shared on social media, the company stated it will adopt bitcoin as a reserve asset, taking advantage of the available possibilities for increasing its holdings. Metaplanet Announces Bitcoin First Approach, Unveils … Read more
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
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