Today's news highlights the increasing impact of Asian players on the global cryptocurrency landscape, from new consumer infrastructure in Japan to Chinese capital networks supporting a major US political figure's crypto venture.
Japan's Regulated Crypto ATM Network
Japan has taken a significant step toward making digital assets more accessible with the launch of COINHUB, the country's first FSA-regulated cryptocurrency ATM network. Twenty-five ATMs have been deployed across six major cities, allowing users to easily buy and sell crypto for cash. COINHUB's CEO, Hiroshi Uehara, plans to aggressively expand the network to 3,000 machines nationwide before targeting other Asian markets.
Chinese Capital Backs Trump's WLFI Project
Local reports indicate that a Chinese capital network is a major backer of the Trump family's WLFI project, a digital empire reportedly valued at $400 billion. The venture is also seeing support from key figures in the crypto world, including Binance founder CZ, who is reportedly seeking a presidential pardon, and technical advisor Ryan Fang, co-founder of blockchain company Ankr. Regulatory expertise is provided by Richmond Teo, who has a background with Paxos. The project's digital token, $WLFI, and its stablecoin, USD1, are at the center of this convergence of Eastern capital and Western political influence.
September 2025, Cryptoniteuae