Bank of Japan News

Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation.

An $11 billion Bitcoin whale returned to crypto markets this week, likely seeking trading opportunities tied to October’s historic crypto rallies and uncertainty in the US.

Takaichi’s election may have a “material impact” on the governance and regulatory perception of crypto assets in Japan, experts told Coinpectra.

Japan’s new prime minister may drive a renewed wave of risk appetite among Japanese crypto investors, industry watchers told Coinpectra.

France’s over $176 billion budget deficit may signal trillions of euros of newly printed money, potentially leading to more capital flowing into Bitcoin, according to Arthur Hayes.

From harsh 55% taxes to a flat 20%, Japan’s crypto overhaul promises relief for investors in a bid to boost Web3 innovation.

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 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 FSA proposed classifying crypto as financial products, potentially allowing ETFs and a flat 20% capital gains tax.

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.

Japanese bond market turmoil may have played a bigger role in Bitcoin’s rise to $112,000 than the recent geopolitical de-risking, according to Bitwise’s European head of research.

The Bank of Japan is unlikely to raise interest rates again for the rest of the year, but it’ll be a “toss up” whether there will be another before March.

ETH’s onchain and derivatives data are looking stronger even as macroeconomic data remains concerning.

Metaplanet Inc allocates 8.5 billion yen for Bitcoin, enhancing its crypto treasury amid Japan’s market volatility.

Memecoins like PEPE and WIF saw the biggest loss after the $510 billion crypto market sell-off.