Japan | Crypto

The two plan to roll out a U.S. dollar stablecoin in Japan under new rules that open the market to foreign issuers.

SBI VC Trade, a licensed Electronic Payment Instruments Exchange Service Provider, said it expects RLUSD to go live in Japan during the first quarter of 2026.

Major Asian economies step on the stablecoin throttle, India’s reconsiders punitive crypto tax, and more. Major Asian economies are accelerating their stablecoin initiatives, with notable moves from Japan and China over the past week. Japans top financial regulator is reportedly preparing to approve the countrys first yen-pegged stablecoin within the year. The token, issued by fintech startup JPYC, will be backed by liquid assets such as government bonds.  According to finance outlet Nikkei, JPYC is expected to register as a money-transfer business this month and aims to issue 1 trillion yen (about $6.81 billion) worth of stablecoins over the next three years. Read more

Major Asian economies step on the stablecoin throttle, India’s reconsiders punitive crypto tax, and more. Major Asian economies are accelerating their stablecoin initiatives, with notable moves from Japan and China over the past week. Japans top financial regulator is reportedly preparing to approve the countrys first yen-pegged stablecoin within the year. The token, issued by fintech startup JPYC, will be backed by liquid assets such as government bonds.  According to finance outlet Nikkei, JPYC is expected to register as a money-transfer business this month and aims to issue 1 trillion yen (about $6.81 billion) worth of stablecoins over the next three years. Read more

Japan and South Korea are moving quickly to create clearer rules for stablecoins as global interest in digital currencies grows. Stablecoins are cryptocurrencies designed to hold steady value by linking to fiat currencies, commodities, or other assets. Their use in payments, trading, and DeFi has expanded rapidly, with forecasts suggesting the market could grow into […] The post Asian powerhouses Japan and South Korea advance stablecoin regulatory efforts appeared first on CryptoSlate.

Japan’s FSA is set to approve JPYC as the country’s first yen-pegged stablecoin, a move that could reshape demand for Japanese government bonds. Japan’s Financial Services Agency (FSA) is preparing to approve the issuance of yen-denominated stablecoins as early as this fall, marking the first time the country will allow a domestic fiat-pegged digital currency. Tokyo-based fintech firm JPYC will register as a money transfer business within the month and will lead the rollout, Japanese news outlet The Nihon Keizai Shimbun reported on Sunday. JPYC is designed to maintain a fixed value of 1 JPY = 1 yen, backed by highly liquid assets such as bank deposits and Japanese government bonds. After purchase applications from individuals or corporations, the tokens are issued via bank transfer to digital wallets. Read more

Metaplanet has outperformed the Topix Core 30 index year-to-date, a benchmark tracking corporate giants like Toyota, Sony and Mitsubishi. Bitcoin-focused investment company Metaplanet has surged almost 190% year-to-date (YTD), leaving Japan’s largest and most liquid blue-chip companies in its wake.  On Wednesday, Metaplanet released its earnings report for the second quarter of 2025. The report showed that the company’s YTD performance dwarfed the 7.2% average gain posted by the Tokyo Stock Price Index (TOPIX) Core 30, a benchmark tracking giants like Toyota, Sony and Mitsubishi Heavy Industries. Metaplanet’s standout performance in 2025 comes amid its aggressive Bitcoin (BTC) pivot, with the Tokyo-listed company expanding its treasury through regular purchases.  Read more

The following article is a guest post and opinion of Maksym Sakharov, Co-founder and CEO of WeFi. Last month, Japan’s Financial Services Agency proposed a wholesale reclassification of cryptocurrencies that would introduce a flat 20% tax on digital asset income and help introduce crypto exchange-traded funds. For a long time, the country’s progressive tax system […] The post Japan’s crypto paralysis is cultural; tax cuts won’t fix it appeared first on CryptoSlate.

XRP is gaining renewed traction in Asia, driven by fresh institutional interest and infrastructure developments in South Korea and Japan, two of the region’s key crypto hubs. This resurgence comes as the token’s price has remained relatively bound around the $3 mark over the past month, coinciding with the continued expansion of the XRP Ledger’s […] The post Institutional interest boosts XRP’s resurgence in South Korea and Japan appeared first on CryptoSlate.

SBI Holdings unveiled plans for exchange-traded products, including a gold-crypto ETF and a Bitcoin-XRP dual ETF. Japanese financial giant SBI Holdings plans to launch the country’s first dual-asset cryptocurrency exchange-traded fund (ETF), offering exposure to both Bitcoin and XRP. In its earnings report Thursday, the company outlined plans for two crypto-based ETF products. The first product proposal combines gold and crypto asset ETFs bundled into a trust.  According to the company, this would allocate 51% into gold-based ETFs and 49% into crypto-asset ETFs, such as Bitcoin ETFs; this will be publicly offered as an investment trust in Japan. Read more

Japan is proposing a major reform in its tax regime for crypto assets. If passed, these changes will make digital asset investing simpler for crypto investors. Crypto investors in Japan are bracing for a major tax shake-up in the country. On Jun. 24, Japan’s Financial Services Agency (FSA) proposed classifying crypto assets as financial products, similar to equities, bonds, etc. This reclassification would put crypto assets under the scope of the Financial Instruments and Exchange Act (FIEA), a regulatory framework that is applicable to traditional financial products in the country. Japan has long been recognized as a global pioneer in cryptocurrency adoption and regulation alike. 2025 is shaping up to be a pivotal year for digital assets in the world’s fifth-largest economy. The FSA’s proposal is aligned with the government’s wider “New Capitalism” initiative, which aims to transform the nation into an investment-driven economy. By aligning crypto taxation with traditional financial products, Japan aims to s...

Japan’s slow and risk-averse approval system, not taxes, is the real barrier driving Web3 startups and liquidity offshore, says WeFi CEO Maksym Sakharov. Japan’s regulatory bottlenecks, not taxes, are the real reason crypto innovation is leaving the country, according to Maksym Sakharov, co-founder and CEO of decentralized onchain bank WeFi. Sakharov told Cointelegraph that even if the proposed 20% flat tax on crypto gains is implemented, Japan’s “slow, prescriptive, and risk‑averse” approval culture will continue to push startups and liquidity offshore. “The 55% progressive tax is painful and very visible, but it’s not the core blocker anymore,” he said. “The FSA/JVCEA pre‑approval model and the absence of a truly dynamic sandbox are what keep builders and liquidity offshore.” Read more

On July 15, 2025, the Bank of Japan (BOJ) quietly announced that it would begin supplying U.S. dollar funds against pooled collateral, starting on July 17, a move that might seem like standard liquidity management. However, according to macro analyst EndGame Macro, this technical maneuver may signal the beginning of a far deeper shift, hinting […] The post Bank of Japan’s quiet dollar liquidity move: warning sign or just the beginning? appeared first on CryptoSlate.

Aplus and SBI VC Trade launch Japan’s first point-to-crypto program, letting users earn XRP, BTC and ETH from everyday spending. On July 8, 2025, Aplus, a credit card and financial services company under Japan’s Shinsei Bank Group, collaborated with SBI VC Trade, the cryptocurrency exchange division of SBI Holdings, to introduce a pioneering rewards program.  For the first time, cryptocurrencies have been incorporated as redeemable assets within the Aplus Points program. If you are an Aplus credit cardholder, you can now convert your reward points into cryptocurrencies, including XRP (XRP), Bitcoin (BTC) and Ether (ETH). This makes Aplus the first major Japanese loyalty program to enable direct conversion of points to cryptocurrencies.  Read more

China’s Chang’an blockchain hits 100K TPS — but don’t mention “crypto”, Japan’s Minna Bank looks to issue stablecoins on Solana, Asia Express Beijings state media is rallying behind Changan Chain, a homegrown blockchain infrastructure hailed as a solution to Chinas root problem of digital sovereignty. A profile on Qianlong.com credits researcher Dong Jin and his team for building a fully open-source and state-backed blockchain stack now powering national digital projects. Though little-known outside China, Changan Chain has gone through 21 iterations over six years and now claims to handle over 100,000 transactions per second a benchmark often cited by next-generation blockchains aiming to match the scale of traditional financial networks. It is reportedly being used in Chinas nationwide real estate registration system and by companies to digitize supply contracts, allowing banks to verify supplier relationships and accelerate loan approvals. Read more

Gates Inc. and Oasys’s partnership is one of Japan’s largest real estate tokenization projects, with phase 1 aiming to expand liquidity to $34 billion. Japanese real estate investment firm Gates Inc. will tokenize $75 million worth of central Tokyo properties on the Oasys blockchain, marking one of the country’s largest real estate tokenization initiatives to date. The partnership, announced Wednesday, represents a major step for both companies. Gates plans to eventually tokenize over $200 billion in assets — about 1% of Japan’s real estate market — while Oasys continues expanding beyond its gaming roots into real-world asset (RWA) tokenization. Gates, which generated $145 million in 2024 revenue and was listed on the Financial Times’ “High-Growth Companies Asia-Pacific 2023” list, is currently conducting a Nasdaq roadshow after filing its F-1 prospectus. Read more

Bitcoin climbs above $105K as bullish catalysts stack: Japan eyes ETF tax reform, Trump defends crypto banking, and USDB stablecoin launches. The post Bitcoin Price Soars 2.49% on Thrilling News from Japan, Trump, and USDB—$109K Breakout on the Horizon appeared first on Cryptonews.

Japan’s FSA proposed classifying crypto as financial products, potentially allowing ETFs and a flat 20% capital gains tax. Japan’s Financial Services Agency (FSA) proposed a sweeping reclassification of cryptocurrencies that would clear a path for the launch of crypto exchange-traded funds (ETFs) and introduce a flat 20% tax on digital asset income. The proposal, introduced on Tuesday, suggests recognizing crypto as “financial products” under the scope of the Financial Instruments and Exchange Act (FIEA), the same regulatory framework that governs securities and traditional financial products. The proposed reclassification could also shift Japan’s current progressive tax system, which taxes crypto gains at rates up to 55%, to a uniform 20%, mirroring the treatment of stocks. That change could make crypto investing more attractive to both retail and institutional players. Read more

The decentralized physical infrastructure platform wants to scale and improve data infrastructure for vehicles in Japan.

The Bank of Japan’s June meeting could trigger a Bitcoin rally if it restarts quantitative easing, as bond yield concerns push institutions toward BTC as a hedge. The Bank of Japan’s (BOJ) upcoming monetary policy meeting in June may provide the next significant catalyst for global risk assets like stocks and cryptocurrencies. The BoJ is set to take its next interest rate decision at its upcoming monetary policy meeting on June 16–17. The central bank may provide the next significant catalyst for Bitcoin (BTC) and other risk assets if it pivots to quantitative easing (QE), according to Arthur Hayes, co-founder of BitMEX and chief investment officer of Maelstrom. Read more