Japanese Metaplanet’s Stock Price Soars After Adopting Bitcoin
Japanese publicly traded company Metaplanet said it had acquired 1 billion yen ($6.5 million) worth of Bitcoin as a fundamental treasury asset. Investment firm Metaplanet focuses on companies in the Web3 and metaverse industries. Sora Ventures, UTXO Management, and prominent figures like Jack Liu, an Ordiswap founding member, and Mark Yusko, the founder of Morgan […]
Japanese Pension Investment Fund Explores Bitcoin
The largest pension fund in the world, Japan’s Government Pension Investment Fund (GPIF), is examining Bitcoin as a possible diversification tool and is willing to learn more about the cryptocurrency. The GPIF made an official declaration on March 19 regarding the formulation of fresh long-term investment strategies in light of “significant transformations in the economy […]
Japan’s $1.5T Pension Fund to Diversify with Bitcoin and Gold
With $1.5T in assets, Japan GPIF seeks to diversify its investment portfolio by considering traditional assets in addition to Bitcoin and gold. The GPIF, an internationally renowned pension fund, has demonstrated significant progress through its declaration of intention to broaden its investment portfolio. To enhance its financial position and maximize returns, the fund is presently […]
Japanese Gaming Community Raises Liquidity Concerns with Lawmakers
The Japanese blockchain gaming community has approached the Liberal Democratic Party (LDP) to increase crypto asset market liquidity as strict regulations are drying up the pool. On behalf of Japanese blockchain gaming initiatives, Ryo Matsubara, director of Oasys, a GameFi blockchain, visited the LDP’s digital society promotion headquarters on February 21 to discuss the current […]
Japan FSA Clarifies Stance on P2P Crypto Transfers
Japan’s primary financial regulator, the Financial Services Agency (FSA), has clarified its stance on peer-to-peer (P2P) cryptocurrency transactions in light of its most recent recommendations to domestic institutions. In a letter dated February 14, the FSA advised banks to “enhance the protection of their customers” by “preventing transfers to crypto-asset exchange service providers in which […]