Japan


Policy

North Korea Blamed for May's $305M Hack on Japanese Crypto Exchange DMM

Japanese police and U.S. agencies said the attack was "affiliated" with TraderTraitor, which is characterized by social engineering.

North Korean flags waving in the wind.

Markets

XRP Outperforms Crypto Majors as Japan Yen Strength Signals Bitcoin Trouble

Yen breached the key 150 level against dollars early Friday, a move that has previously catalyzed the unwinding of carry trades.

(Wesley Tingey/Unsplash)

Policy

Crypto Lobby Group CCI Expands Its Reach by Absorbing Proof of Stake Alliance

The Crypto Council for Innovation has integrated with the Proof of Stake Alliance and secured partnerships with other policy groups in Japan and the U.K.

Sheila Warren's Crypto Council for Innovation is absorbing the Proof of Stake Alliance, which will retain its executive director, Alison Mangiero. (photo illustration by Jesse Hamilton/CoinDesk)

Policy

As Japan Election Looms, Political Parties Emphasize Need to Reform Crypto Tax Regulations

Japan’s Democratic Party for the People is trying to attract crypto-conscious voters with tax system reforms. But it’s not alone.

Japanese Flag (Shutterstock)

Finance

Japan's Metaplanet Buys Another $6.7M Worth of Bitcoin

Metaplanet bought around 108.8 BTC at an average price of just under 9.2 million yen per coin

Tokyo, Japan (Ryo Yoshitake/Unsplash)

Markets

Bitcoin Holder Metaplanet Sells BTC Options to Boost Coin Stash

The company strengthens its bitcoin position with a strategic options sale, generating nearly 24 BTC ($1.44M) in premium.

Japanese Flag (Shutterstock)

Markets

Bitcoin Tumbles Back Below $64K as Surprise Japan Prime Minister Choice Triggers 5% Plunge in Nikkei

Overbought conditions also surely played a role in bitcoin's Monday decline.

Ether has fallen below a key bull market trendline.  (Eva Blue/Unsplash)

Policy

Japan Plans to Review Its Crypto Rules: Bloomberg

The review which will occur over the coming months could also pave the way for crypto exchange traded funds.

Tokyo, Japan (Ryo Yoshitake/Unsplash)

Policy

Japans Financial Regulator Mulls Taxing Crypto as Financial Asset

A change in the regime could result in lower taxes for some crypto investors.

Tokyo, Japan (Ryo Yoshitake/Unsplash)

Finance

Metaplanet Teams Up With SBI VC Trade for Bitcoin Custody

Metaplanet said it was adopting bitcoin as a reserve asset in May and had accumulated a total of 360 BTC by mid-August.

(Beth Macdonald/Unsplash)