technology·1d ago
SBI, Startale and BlackRock Sign MOU on Yen Stablecoin for Tokenised Funds
SBI Holdings and Startale have signed a memorandum of understanding with BlackRock's US and Japan arms to study a yen stablecoin linked to tokenised funds.
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markets·15d ago
Metaplanet to Issue $329M in Convertible Bonds, Fund $380M Buyback
The Japanese bitcoin treasury company plans a ¥52 billion zero-coupon bond sale due 2031 as its shares trade far below their peak.
regulation·31d ago
South Korea reviews crypto market-making rules after JPYC peg spike on Upbit
Regulators are reconsidering restrictions on crypto market making after the Japanese yen stablecoin JPYC traded at four times its peg on Upbit this month.
defi·38d ago
dtcpay closes $25M Series A with SBI Group joining stablecoin payments push
dtcpay has completed a $25 million Series A round with Japan's SBI Group taking part, as interest in stablecoin payment infrastructure continues to build.
bitcoin·50d ago
Metaplanet shareholders seek to unwind executive pay plan swollen by Bitcoin buys
Tokyo-listed Metaplanet's executive options pool grew from 46M to 319M shares as it issued equity for Bitcoin; investors want 273M canceled.
markets·62d ago
Bessent Says Japan Yen Rescue Was an Asset Swap, Not a Loan
Treasury Secretary Bessent described the $97 billion yen intervention as an asset swap, with filings complicating Senator Warren's case.
markets·115d ago
Goldman Sachs Revises Yen Forecast Down to 165 per Dollar
Investment bank Goldman Sachs now predicts the yen will weaken to 165 per dollar within a year, citing persistent interest rate differentials.
markets·141d ago
Japanese Megabanks Form Stablecoin Consortium to Compete Globally
MUFG, SMBC, and Mizuho join forces on stablecoin issuance, following JPMorgan and SoFi in bank-backed digital currency push.