Megabanks MUFG Bank, Mizuho Bank and SMBC have formed a council to develop frameworks for jointly issuing a stablecoin in fiscal year 2026.
Japan’s largest banks to jointly issue stablecoins by March 2027
TOKYO, June 10 (Reuters) - Japan's three largest banks said on Wednesday they will jointly issue stablecoins during the current fiscal year ending in March 2027, a sign of growing momentum for digital ...
Trump family made $500 million in crypto deal before firm’s collapse hit investors
Less than a year after the deal was celebrated at the Nasdaq stock exchange by Donald Trump Jr. and Eric Trump, AI Financial Corp. saw its share price plunge by more than 90 percent.
Bitcoin loses its luster as traders chase AI wave
Since hitting a record high of $126,000 last fall, bitcoin has dropped to just above $60,000 amid waves of selling. That has erased more than $1.2 trillion in market cap in eight months and wiped out ...
House crypto tax bills face bipartisan roadblock as Democrats push to slow reform
A new push to overhaul U.S. crypto tax rules is facing growing resistance in Congress, as a House hearing on six separate bills exposed sharp divisions between Republicans, Democrats, and the crypto ...
Kishida calls South Korea, Japan Indo-Pacific partners
Former Japanese PM Fumio Kishida said that South Korea and Japan have become partners that can grow together and help maintain peace and stability.
Japan’s new defense document to name China biggest concern
TOKYO -- Japan's Defense Ministry is expected to designate China as Japan's most serious concern in the ministry's annual white paper, Nikkei has learned, while committing to deeper cooperation with ...
Japan’s Megabanks Plan Joint Stablecoin as Bank-Issued Tokens Go Global
MUFG, SMBC, and Mizuho are forming a stablecoin consortium, joining JPMorgan and SoFi in the global race for bank-issued tokens.
Nikkei 225 Forecast: Tech Selloff Hits Japan Stocks After AI Rally
The Nikkei 225 remains under short-term pressure after a tech-led selloff, but strong market breadth and the AI theme may support a rebound if key support levels hold.
Japan’s SBI Shinsei Bank to offer crypto rewards for deposits scheme
Japan’s SBI Shinsei Bank is planning a new program geared at giving its customers vouchers redeemable for cryptocurrency after they complete deposits, turning one of Japan’s largest banks into a ...
Under The Trump Crypto Playbook, The Family Always Wins. Investors Don’t.
The $TRUMP meme coin is one of four crypto projects that have turned into a financial jackpot for the president's family and a very bad bet for buyers.
Japan’s Biggest Crypto Banking Experiment Is Here, and the US Can’t Do This Yet
Japan crypto banking leaps as SBI Shinsei lets depositors swap 20% of interest into Bitcoin, while US rules lag.
Bank of Japan’s 1% Rate Hike Could be Critical for Bitcoin
The Bank of Japan is set to hike rates to 1.0% in June. History shows previous hikes triggered sharp Bitcoin drops.
Crypto funding explodes 408% as mega-rounds storm back into the market
Crypto fundraising rebounded sharply in May 2026 as mega-rounds returned and deal activity improved after a softer spring period. Venture capital funding rose to $3.52 billion across 83 rounds during ...
Global markets: Japan’s Nikkei ends higher as chip-related heavyweights jump
The Nikkei was choppy earlier in the session, inching down as much as 0.16%.
Bank of Japan set to hike key interest rate to 1%
TOKYO -- The Bank of Japan is set to raise its key interest rate to 1% from the current 0.75% at its upcoming policy board meeting on June 15 and 16, Nikkei has learned, as the Japanese economy faces ...