Japan

Japan’s FSA plans to require crypto exchanges to hold liability reserves to compensate customers for losses from hacks, failures, or bankruptcies.

Japan's FSA plans to reclassify 105 cryptocurrencies, including bitcoin, as financial products, imposing securities-like disclosure, reporting, and market oversight requirements on exchanges.

Japan is reportedly considering allowing domestic banks to trade and hold assets like Bitcoin.

With Bitcoin price holding steady above $116,000, Japanese-listed Metaplanet Inc. has announced closing of substantial $1.4 billion fundraise. The company is also expanding its operations through new subsidiaries in the U.S. and Japan, while acquiring the Bitcoin.jp domain.

At Metaplanet’s recent extraordinary general meeting (EGM) for shareholders, the company announced that it now holds 20,000 bitcoin and that it has plans to acquire 190,000 more within the next two years with the help of Metaplanet Prefs, a new preferred equity offering.

The Japanese company continues accelerating its Bitcoin treasury strategy with a ¥34.487 billion purchase.

The Japanese company continues accelerating its Bitcoin treasury strategy with a ¥15.648 billion purchase.

The Japanese company continues accelerating its Bitcoin treasury strategy with a ¥19.27 billion purchase.

Metaplanet has acquired an additional 1,112 Bitcoin for $117.2 million, bringing its total holdings to 10,000 BTC and overtaking Coinbase to become the ninth-largest publicly traded holder of Bitcoin.

Metaplanet has purchased 1,088 Bitcoin. This acquisition raises the company’s total Bitcoin holdings to 8,888 BTC.