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Binance, the leading cryptocurrency exchange, has announced an extension of its zero-fee trading promotion for JPY (Japanese Yen) spot trading pairs. This update allows all users to enjoy zero maker and taker fees on JPY spot trading pairs until further notice. (Read More)
Binance has introduced the Japanese Yen (JPY) to its Convert platform, allowing users to trade JPY with BTC, USDT, and other tokens without fees. (Read More)
Coinbase announced its Japan exit on Jan. 18. Customers have a month to remove money and crypto from the site. After February 17, Coinbase Japan users' crypto holdings will be automatically converted to yen (JPY). From Jan. 20, fiat currency deposits are unavailable. (Read More)
<p> Finalto has today announced the addition of cryptocurrencies denominated in Japanese Yen to its offering.</p><p>Having entered the Asian market in 2019, Finalto has continually expanded its offering in a highly active local market.</p><p> The cryptocurrencies Finalto have added are: </p><p> Finalto’s Chief Markets Analyst, Neil Wilson, said of the latest offering expansion:</p><blockquote>“Crypto markets have been extremely volatile in 2022 and have been caught up in the broader market selloff in riskier assets. Japan’s been a central player in the development of cryptocurrencies and has traditionally been the number two country behind the US for Bitcoin trading volumes.”</blockquote><p> On the recent introduction of the new regulations in Japan, Wilson explained:</p><blockquote>“Japan has been at the forefront of crypto regulation, too. The country passed the Payment Services Act in April 2017, which recognised Bitcoin as currency. It also moved to become the first government to issue crypto exchanges with formal licences. And this year it passed a law that defined stablecoins as digital currencies, imposing a mandatory link with the yen and ensuring the right to redeem them at face value.”</blockquote> This article was written by Finance Magnates Staff at www.financemagnates.com.
Bitcoin’s reputation as a safe haven asset has long been disputed by the world of traditional finance.
The post How inflation and debased fiat currencies are pushing investors to Bitcoin appeared first on CryptoSlate.
MetaPlanet, a Japanese tech company, recently announced that it has secured JPY 4 billion in bonds to invest in purchasing Bitcoin. This move signifies the growing acceptance and adoption of cryptocurrencies in the traditional financial market. The decision to raise this substantial amount in bonds demonstrates MetaPlanet’s confidence in the potential of Bitcoin as a [...]
The post Metaplanet Secures 4 Billion JPY in Interest-Free Bonds for Bitcoin Investments appeared first on Crypto Breaking News.
Bitcoin reached a high of $28,422 per unit on Sunday at around 3 p.m. Eastern Time as the leading cryptocurrency has continued to rise during the last week. Since last Sunday, bitcoin has increased in value by 37.9% against the U.S. dollar, and the cryptocurrency’s overall market capitalization has swelled to $546 billion. Global Cryptocurrency [...]
The post Bitcoin Surges by More Than 37% Against US Dollar This Week, Taps $28K on Sunday appeared first on Crypto Breaking News.
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