BlackRock, SBI and Startale Sign MOU on Tokenized Funds and Yen Stablecoin
BlackRock, SBI Holdings and Startale will explore linking tokenized money market funds with JPYSC, the yen stablecoin issued by SBI Shinsei Trust Bank.
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Japan’s FSA is supporting a TradeWaltz pilot that would trigger stablecoin payments when banks approve purchases of export receivables, involving MUFG, Mizuho and SMBC.
Following the Bank of Japan's interest rate hike to 1.25%, Japanese government bond yields reached levels unseen in decades, triggering discussion over yen carry trade unwinding…
Japan’s FSA has proposed exempting trust-type stablecoins from mandatory tax reporting in its FY2027 reform request, aiming to simplify frequent transactions.
Japanese regulators have issued a joint request to domestic crypto exchanges to implement temporary withdrawal delays and enhanced identity safeguards aimed at combating digital asset scams.
With regulatory shifts underway, domestic asset managers anticipate Bitcoin ETFs could attract up to ¥3 trillion in retail inflows by 2028.
Ondo Finance and SBI Group have formed a strategic partnership to bring Japanese equities onchain, use the JPYSC stablecoin for settlement, and distribute tokenized assets through…
Japan has passed legislation reclassifying cryptocurrencies as financial assets, bringing the market under stricter trading, disclosure, and enforcement rules.
Japan’s dominant security token platform, Progmat, migrated roughly $2.7 billion in tokenized assets to a dedicated Avalanche Layer-1 network. The move brings the country’s largest institutional…
The landmark acquisition will transform Bitbank into a wholly owned subsidiary of SBI. By combining Bitbank with SBI VC Trade, the group will command a dominant…
Classified under Japan's rigorous Payment Services Act as a Type 4 electronic payment instrument, RLUSD is now live for institutional and retail traders. The launch marks…
By reclassifying digital assets from payment tools to formal financial products, Tokyo aligns its crypto sector with standard equity markets.
Japan’s financial sector is preparing for a massive retail crypto wave. Major brokerages are developing in-house investment trusts to bypass traditional wallet hurdles and bring digital…