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Major Japanese Bank Sumitomo Mitsui Trust to Launch Cryptocurrency Custody Business
24.5.2022
Sumitomo Mitsui Trust, one of the major banking institutions in Japan, will reportedly enter the cryptocurrency custody business. The company is entering a partnership with Bitbank, a Tokyo-based cryptocurrency exchange, to launch a new company that will focus on offering institutional-grade...
Strong US Dollar Posts 5-Week High, Markets Price in a 75 bps Fed Rate Hike for June
6.5.2022
While precious metals, stocks, and cryptocurrencies saw a significant downturn this week, the U.S. dollar tapped a 20-year high against the Japanese yen and a number of other currencies. The greenback has seen five weeks of consecutive gains following the Federal Reserve’s 50 basis point...
First Mover Americas: Bitcoin Draws Premium in Yen Markets, FX Volatility Spikes
28.4.2022
The latest moves in crypto markets in context for April 28, 2022
BoJ official says digital yen won’t be used to achieve negative interest rate
14.4.2022
The Bank of Japan’s Executive Director announced that the eagerly-awaited digital yen won’t be used to attain negative interest rates
First Mover Americas: Bitcoin Trades at Discount in Japanese Yen Markets
30.3.2022
The latest moves in crypto markets in context for March 30, 2022
USD Slides Down While Japan’s Yen Takes the Hit
25.3.2022
The Japanese Yen took a deep cut in the market on Friday, losing 0.61% against the United States dollar. It is believed that the hiking import costs and a downside in the interest rates have caused the JPY to take this blow. And what’s more, the greenback also took a hit as per the recent...
Ukraine Issue Persists, Affects US Dollar and Japanese Yen
18.2.2022
Russia and Ukraine continue to indulge in border issues. There is a possibility that Russia may soon attack its neighbor, as predicted by experts. Joe Biden, President of the United States of America, has even gone on to accuse Russia of preparing to justify its attack on Ukraine. The conflict...
Dollar Is at Its Highest Against Yen While ECB Remains Hawkish
9.2.2022
As traders wait to review the inflation data of the United States of America, the US Dollar has gone up against the Japanese Yen. It has now touched a value that is the highest in the last one month. This rise is said to be boosted by a climb in Treasury yields to multi-year peaks …
Former BOJ official warns against use of digital yen in the financial sector
31.1.2022
Hiromi Yamaoka is currently heading a private forum of 74 companies that is planning to launch a private digital currency
Dollar Hits One-Month High Against Yen
4.1.2022
The increase in the Japanese Yen is an overnight incident. Even though the US Dollar was observed to decline in market value, it rose after being paired with the Yen. Other currencies observed a similar trend. This includes the Australian Dollar, Chinese yuan, and Britain’s pound, to name a few....
USD and Yen Trading Low After Equities Performed Well in the US
30.12.2021
Aligned with the improved sentiments among the investors, the prices of the Yen and Dollar were trading at the lower ends as investors seemed to have decided to go for the riskier currencies. As most governments across the globe resisted imposing any new kind of restrictions, including...
Japan's financial regulators may propose legislation in 2022 restricting stablecoin issuance
6.12.2021
The move comes as the Bank of Japan wants to roll out a digital yen CBDC by the end of next year
In Japan, Snacks Keep Getting Smaller And It Sucks
3.12.2021
In fall 2020, Kit-Kats were released in Japan at a smaller size. At the time, as YouTuber PDS points out, Nestle said the smaller size was for customers worried about sugar and calories. Maybe that’s true, but in Japan, snacks have been getting smaller and smaller for years, while prices haven’t...
Japanese megabanks join consortium launching yen-based digital currency
24.11.2021
Private-sector behemoths in Japan are exploring digital currencies as a way to streamline large fund transfers and settlements
Ripple Partners With Republic of Palau, 74 Japanese Firms to Issue a Digital Yen + More News
24.11.2021
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
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Read More: Ripple Partners With Republic of Palau, 74 Japanese Firms to Issue a Digital Yen + More News
Circle to invest in Japanese yen stablecoin as part of expansion to Asia
15.11.2021
Circle's Asia plans include a regional headquarters in Singapore, a new venture arm and investment in Japanese yen stablecoin efforts
Dollar Nears One-Month Low Against Yen Before Inflation Test; Kiwi, Aussie Slip
11.11.2021
The US dollar continues its downward spiral, almost reaching its one-month low against Yen. Moreover, as investors await the US inflation data, the currency traded weak against most major peers. With the uncertainty in the market regarding the Fed’s interest rates stance, the currency...
FOREX-Dollar Holding Firm; Yen Dips Further on LDP Victory
1.11.2021
On Monday, the dollar witnessed good trading with a 2 1/2 -week high due to boosted inflation in the US and earlier interest rate hike by the Federal Reserve. The Japanese Yen, which is a safe haven, dropped, approaching a one-and-a-half-week high, as the governing party’s strong performance...
For $24,000, You Can Buy Tecmo Koei Gold Coins
28.10.2021
Kou Shibusawa isn’t only one of Koei’s founders, he is also a game creator, a producer, and a brand name. As part of Koei Tecmo’s celebration of 40 years of the Kou Shibusawa banner, the company is offering some expensive gold coins. Interested?Read more
Yen Weakens to 111 Per US Dollar
28.9.2021
The value of the US Dollar recorded its highest in over five weeks, while the value of the Japanese yen plummeted against both Euro and the Dollar, according to reports of forex brokers. The yields of the US Treasury spiked over the past week when the Federal Reserve declared it would decrease...