yen – DIGIT INFO

Japan’s SBI Group Flips the Stablecoin Script With $63M-Backed JPYSC Launch

DIGIT — Wed, 24 Jun 2026 13:04:07 +0000

SBI Group and Startale Group launched JPYSC on June 24, 2026, marking the first yen-pegged stablecoin in Japan issued under the trust bank model with full Financial Services Agency (FSA) approval. What JPYSC Is and How It Works The token is issued by SBI Shinsei Trust Bank and distributed through SBI VC Trade, the group’s […]

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Startale and SBI Holdings to Launch JPYSC, Japan’s First Trust Bank-Backed Yen Stablecoin

DIGIT — Sun, 01 Mar 2026 17:30:42 +0000

Startale Group and SBI Holdings introduced JPYSC, a trust bank-backed Japanese yen stablecoin targeting a second-quarter 2026 launch under Japan’s regulatory framework. Q2 2026 Launch Planned for Yen-Denominated Stablecoin JPYSC This week, Startale Group and SBI Holdings Inc. unveiled plans for JPYSC, describing it as the first trust bank-backed yen stablecoin issued under Japan’s legal […]

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Japanese Yen Jumps to 2-Month High as Intervention Talk Rattles Currency Markets

DIGIT — Mon, 26 Jan 2026 21:10:50 +0000

On Monday, activity across much of Wall Street and U.S. equity markets remained subdued, while precious metals like silver and gold pressed higher. At the same time, the Japanese yen firmed sharply against the U.S. dollar, as markets responded to rising expectations of coordinated currency intervention by Japanese and U.S. authorities. Currency Watch: Why the […]

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Japan Tightens Again, Markets Act as if the Shift Is Already Priced In

DIGIT — Sat, 20 Dec 2025 02:30:50 +0000

The world tuned in this week as the Bank of Japan (BOJ) nudged its key short-term interest rate up by 25 basis points to 0.75%, a throwback level last seen in 1995. The central bank added that further hikes remain on the table if economic and price conditions line up with its projections. The Rate […]

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JPMorgan’s Bold Call: Why Carry Trades May Be Facing Their Final Days

DIGIT — Mon, 21 Oct 2024 23:46:17 +0000

A new JPMorgan report warns that carry trades are losing effectiveness as global interest rates decline, urging investors to be more selective with currency risks. The Japanese yen has lost appeal after unexpected rate hikes, while the Swiss franc carries potential bullish risks. JPMorgan suggests rethinking strategies as carry trade returns are expected to diminish […]

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Goldman Sachs CEO: Fed Unlikely to Cut Rates Before September

DIGIT — Thu, 08 Aug 2024 08:30:21 +0000

Goldman Sachs CEO David Solomon expects the Federal Reserve to delay any emergency rate cuts until at least September despite weak job data, believing the U.S. economy will avoid a recession. Speaking on “The David Rubenstein Show,” Solomon indicated that while investors had anticipated potential rate cuts before the September meeting due to global market […]

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Arthur Hayes Predicts Your Crypto Will Rise With Trump or Harris — Bitcoin to Go ‘Very, Very High’

DIGIT — Wed, 07 Aug 2024 23:17:51 +0000

Bitmex cofounder and former CEO Arthur Hayes has predicted cryptocurrency prices will rise under both the Donald Trump and Kamala Harris administrations due to increased money printing. He added that bitcoin’s price could soar to “hundreds of thousands of dollars, maybe $1 million.” Arthur Hayes Predicts Aggressive Financial Measures and Soaring Crypto Prices Arthur Hayes, […]

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Arthur Hayes: Japanese Banks in Crisis Over Dollar-Yen Carry Trade Failures

DIGIT — Fri, 21 Jun 2024 13:25:22 +0000

Japanese banks, once secure in their financial strategies, are now facing severe challenges due to shifts in global monetary policies, as outlined by Bitmex co-founder Arthur Hayes in his latest blog post. These institutions are caught in a cycle of low yields and high hedging costs, which dramatically impact their operations and financial stability. Japanese […]

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Bitmex Founder Arthur Hayes Advises to ‘Go Long on Bitcoin’ as G7 Central Banks May Slash Rates

DIGIT — Sat, 08 Jun 2024 20:35:11 +0000

Arthur Hayes, the founder and former CEO of Bitmex, recently shared his insights on the future of global financial markets in a blog post. Hayes delves into the impact of central bank policies on the global economy, emphasizing the role of interest rates and inflation targets. Bitmex Founder’s Perspective on Global Finance and Bitcoin In […]

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Tokyo-Listed Metaplanet to Buy Additional Bitcoin for Its Treasury

DIGIT — Wed, 29 May 2024 01:16:00 +0000

Metaplanet, a publicly traded corporation listed on the Tokyo Stock Exchange, announced on Tuesday that its board of directors passed a resolution to purchase an additional 250 million yen (approximately $1.6 million) worth of bitcoin. For BTC held for long-term purposes, the company explained that it will record them at cost. Meanwhile, short-term holdings will […]

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