Arthur Hayes: Why a weak yen could push BTC to $1 million
Why is the USD/JPY exchange rate the most important global economic variable? What impact will it have on the crypto market?
JinseFinanceWhy is the USD/JPY exchange rate the most important global economic variable? What impact will it have on the crypto market?
JinseFinanceMetaplanet, a Japanese listed company, announced that due to the high level of government debt, long-term negative real interest rates and the depreciation of the yen, Metaplanet will use Bitcoin as its company's strategic reserve asset in response to Japan's severe economic situation.
JinseFinanceGolden Finance launches the 2253rd issue of the cryptocurrency and blockchain industry morning report "Golden Morning 8:00" to provide you with the latest and fastest digital currency and blockchain industry news.
JinseFinancePrior to this round of financing, the company completed a Pre-seed round of financing in February 2023, with the investor being Japanese local VC Skyland Ventures.
JinseFinanceWithin the ever-evolving cryptocurrency landscape, GYEN crypto emerges as a significant innovation reshaping decentralised finance. Developed by GYEN Labs and launched in 2018, this stablecoin operates on the Ethereum blockchain, offering users a secure alternative for financial transactions, bypassing the traditional banking system.
JoyReported by Reuters on July 20, this move aligns with the increasing global trend among central banks to delve into the development of digital versions of their currencies for retail use.
Coinlive The Mitsubishi UFJ Financial Group, Datachain, and Solamitsu are working on making the Progmat Coin, a Yen-backed stablecoin, interoperable.
BeincryptoSeveral banks will stress test a digital yen for more than two years.
OthersThe executive director of the Bank of Japan announced that the long-awaited digital yen will not be used to achieve negative interest rates.
CointelegraphThe Bank of Japan’s executive director announced that the eagerly-awaited digital yen won’t be used to attain negative interest rates.
Cointelegraph