Global #Japan

Japanese e-commerce giant Mercari is dipping its toes into the cryptocurrency pool by giving away Bitcoin (BTC) to new and existing users. This promotional drive aims to attract users to Mercari's Bitcoin trading service, launched by its subsidiary Mercoin.

Japanese firm Metaplanet is making a bold move amidst the weakening yen by investing one billion Japanese yen (approximately $6.5 million USD) into Bitcoin.

A recent survey by Japanese financial giant Nomura Holdings and its digital currency arm, Laser Digital, has revealed a surprising trend – a growing interest in cryptocurrency among institutional investors in Japan.

DMM Bitcoin, a Japanese cryptocurrency exchange, has unveiled a fundraising initiative totaling 50 billion yen ($321 million). The objective is to acquire Bitcoin for compensating customers impacted by a recent security breach.

On May 31, 2024, Animoca Brands Japan, a key subsidiary of Animoca Brands, unveiled the name of its NFT launchpad, SORAH by Animoca Brands Japan, slated for a summer 2024 release.

Metaplanet, a Japanese investment firm taking cues from MicroStrategy's Bitcoin playbook, has witnessed an extraordinary surge in its stock price, soaring by 158% in the past week, making it the top gainer among all Japanese stocks.

Metaplanet, a company listed on the Tokyo Stock Exchange, has declared Bitcoin as its strategic reserve asset in response to the ongoing economic uncertainties in Japan.

Plans to create non-fungible tokens (NFTs) on the XRP Ledger for the next World Expo 2025 in Osaka have been revealed by Japan's SBI Group. Japan is home to the financial services giant SBI Group.

The Liberal Democratic Party, which is in power in Japan, wants the government to implement "immediate" crypto tax reforms.

WebX, Asia's leading Web3 conference (July 25-26), is thrilled to announce the participation of more esteemed guests at this year's event: Japan prime minister Fumio Kishida, Yuga Labs CEO Daniel Alegre, the Dogecoin dog Kabosu, and the groundbreaking AI robot Desdemona (Made by Hanson Robotics, sister to Sophia the Robot).