Japan
Circle Invests in JPYC, Baby Shark NFTs Announced
Axie Infinity earnings drop below minimum wage level in the Philippines. USDC issuer Circle to invest in Japanese yen stablecoin. Baby Shark creator announces an NFT series. We’ll have more on those stories and other news shaping the cryptocurrency and blockchain world in this episode of “The Daily Forkast.”
The State of Crypto and Blockchain in Japan
Takaaki Kato, global head of Sales and Trading at bitFlyer, one of Japan’s largest crypto exchanges, shares insights into the Japanese crypto regulatory landscape that led to a declining trend in leverage for retail and institutional investors.
Korea Reveals Crypto Exchange ‘Death Note,’ DeFi Investment Booms
South Korea reveals crypto exchange ‘Death Note’. DeFi investment booms. FTX offers loan to hacked Japanese crypto exchange Liquid. We’ll have more on those stories and other news shaping the cryptocurrency and blockchain world in this episode of "The Daily Forkast."
Coinbase Launches in Japan, Binance Users Take Legal Action
Coinbase partners with MUFG to launch in Japan. Users band together to take legal action against Binance after an outage. And the founder of Finder.com offers crypto as a COVID-19 vaccination incentive. We’ll have more on those stories and other news shaping the cryptocurrency and blockchain world in this episode of “The Daily Forkast.”
Japanese Exchange Liquid Global Hacked, $90M in Crypto Potentially Stolen
Leading Japanese crypto exchange Liquid Global has reportedly been hacked and has suspended deposits and withdrawals. While the total amount stolen is yet to be determined, the value taken could be upward of $90 million. "The Hash" squad discusses the key takeaways from the latest blow to the crypto industry and what this could signal about the future of centralized exchanges.
China Maintains Crypto Market Pressure, J-Pop Stars Offer NFT Advice
China’s central bank to maintain pressure on the crypto market. China clarifies the legal validity of blockchain evidence, and J-Pop’s “Cryptocurrency Girls” offer NFT advice. We’ll have more on that story and other news shaping the cryptocurrency and blockchain world in this episode of "The Daily Forkast."
Monex CEO: Japanese Regulators ‘Stupid’ for Binance Warnings
Japan was once a cryptocurrency paradise until regulators cracked down on crypto following a major exchange hack. Oki Matsumoto, CEO of Japanese financial conglomerate Monex Group, says, "Japan is back" while discussing the outlook for the crypto markets in the country. He says regulators are "stupid" for their recent warnings about Binance in Japan.
Are Institutional Investors Getting Cold Feet?
Grayscale Bitcoin Trust (GBTC) shares bought in January will be unlocked next month, and the incentive to reinvest is relatively low. CoinDesk's Galen Moore discusses whether such "unlockings" discourage institutional investments. He also suggests where Chinese miners might be headed following further operations crackdowns. Plus, what Coinbase entering the Japanese market means for the global crypto community and regulatory framework.
Crypto’s East-West Divide: How Some Companies Are Bridging the Gap
China-based cryptocurrency exchange Huobi is set to launch a new U.S. affiliate in July. Meanwhile, American crypto exchange Coinbase goes east as it registers with Japan’s Financial Watchdog to offer crypto services in the country.
Japan’s bitFlyer Gives US Clients Access to Bitcoin and Japanese Yen Pair Trading
Japan-based crypto exchange bitFlyer introduces cross-border trading in the U.S. by allowing users to trade bitcoin in Japanese yen pairs. Joel Edgerton, CEO of bitFlyer USA, joins “First Mover” to discuss the development. Plus, Edgerton’s bitcoin markets analysis and outlook.