Japan’s financial regulator, the Financial Services Agency (FSA), endorsed a project by the country’s largest financial institutions to jointly issue yen-backed stablecoins. In a Friday statement, the ...
Japan PM Takaichi fills panel posts with advocates of big spending
Japan's reflationist advocates of expansionary fiscal policy are making a comeback in economic decision-making with some hand-picked by Prime Minister Sanae Takaichi to fill posts in key government ...
Japan’s FSA to support stablecoin projects from three big banks
Japan’s Financial Services Agency (FSA) has announced plans to support a stablecoin project backed by three of the country’s major banks.
Stablecoin News: Japan’s Top Banks Launch Yen-Backed Stablecoin Pilot Under FSA Supervision
Japan's FSA backs a pilot for a yen-backed stablecoin. MUFG, SMBC, and Mizuho will jointly issue the stablecoin.
Japan, South Korea’s Stablecoin Wars Could Redefine Who Controls Money: Banks or Fintechs?
Local currency stablecoins are on the rise across Asia. In Japan and South Korea, financial authorities tend to favor bank-issued stablecoins. But fintech startups are ...
Japan’s Nikkei drops 2% as tech shares track US peers lower
The tech-heavy Nikkei slid as much as 2%, and was last down 1.8% at 49,955.08, slipping below the psychologically key 50,000 mark. Startup investor SoftBank Group dropped 8.4% and chip-testing ...
Japan eyes mid-year reviews of bond issuance plans to boost market stability, sources say
Japan's Ministry of Finance is exploring mid-year reviews for government bond issuance. This move aims to boost market stability. Currently, plans are set annually. A recent cut in super-long bond ...
Japan government to support big banks’ project to issue stablecoins, finance minister says
Japan's Financial Services Agency will support a project by the country's three-largest banks to jointly issue stablecoins, Finance Minister Satsuki Katayama said on Friday, adding to momentum ...
Musashino Bank 1H Net Y8.11B Vs Net Y7.04B
Musashino Bank Ltd. (8336.TO) Japan Half-Year Ended September 30 GROUP 2025 2024 Revenue Y48.90 bln Y40.99 bln Pretax Profit Y11.70 bln Y9.53 bln Net Profit Y8.11 bln Y7.04 bln Per share Earnings Y245 ...
Osaka Soda Reports Strong Half-Year Financial Performance
OSAKA SODA CO.,LTD. (JP:4046) has released an update. Osaka Soda Co., Ltd. reported a significant improvement in its financial performance for the six months ended September 30, 2024, with net sales ...
Tokyo Star Bank, GTN to offer foreigners financial services
TOKYO -- Tokyo Star Bank is partnering with immigrant support provider Global Trust Networks (GTN) to offer financial services tailored to foreign nationals living in Japan.
Major crypto company lifts ban on gun purchase after conservative backlash
Circle (NYSE: CRCL), the crypto company behind the popular stablecoin USDC, has backtracked on its anti-gun purchase policy after facing intense backlash from conservative and gun rights groups. USDC ...
Bitcoin’s valuation metric hints at a ‘possible bottom’ forming: Analysis
Bitcoin (BTC) fell 11% between Nov. 3 and Nov. 4, breaking below the $100,000 level for the first time in four months. This led to the liquidation of over $1.3 million in leveraged long positions and ...
Crypto exchange Coinbase fined €21.5mn by Irish central bank
US company failed to properly monitor trades potentially linked to child sex exploitation, drug trafficking and money laundering ...
Why Benchmark made a rare crypto bet on trading app Fomo, with $17M Series A
The founders of Fomo, a consumer crypto trading app that launched in May, took an unusual route to raising capital.
Japan’s falling real wages over last 9 months push Bank of Japan into inflation-recession dilemma
Bank worries about waning household purchasing power amid high rice, other food items prices, inflation, while wage hikes remain limited, says analyst - Anadolu Ajansı ...