Japanese Crypto Entrepreneur Sparks Controversy: ‘Yen Is Backed By Hostages’
A renowned Japanese cryptocurrency businessman responded to his fellow Japanese who see Bitcoin as a currency “not backed by anything of value”. Related Reading: Bitcoin Gains VanEck’s Official Support As Strategic Reserve Crypto entrepreneur Koji Higashi argued that these people who still have a pessimistic view about Bitcoin fail to realize the Japanese yen is […]
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Japanese startup JPYC has launched the first stablecoin pegged to the yen, backed by domestic savings and Japanese government bonds. JPYC Is The First Yen-Backed Stablecoin In The World JPYC announced on Monday the launch of its yen-backed stablecoin, also called “JPYC.” A stablecoin is a cryptocurrency pegged to a fiat currency, and at present, […]
The debate regarding XRP and Bitcoin across the space has intensified after recent findings that disclose that the altcoin could rival BTC and its impact on the crypto and financial sector. Bitcoin may be the leading digital asset, but with the findings and analysts choosing XRP over BTC, the token might be set to surpass […]
Cryptocurrency exchange FTX has announced the acquisition of Liquid, which operates a regulated Japanese exchange, Quoine. The two companies “expect to work together to provide products and liquidity to clients in the Japanese and global markets.”
FTX Acquiring Liquid to Provide Services to Japanese Customers
Crypto exchange FTX is entering the Japanese crypto market. FTX CEO Sam Bankman-Fried tweeted Wednesday:
FTX is pleased to announce the acquisition of the Liquid group of companies, including an FSA-registered crypto-asset exchange to provide....
Crypto analyst Ben Armstrong, popularly known as ‘Bitboy Crypto’ has ignited controversy by declaring Cardano (ADA)and Polkadot (DOT), “dead to institutions.” His brash statement has drawn substantial backlash from the crypto community, with many members vehemently opposing his criticizing remarks. Analyst Calls Cardano, Polkadot Dead In an X (formerly Twitter) post on July 3, Armstrong […]
Japanese bitcoin exchange bitFlyer has opened access to the BTC/Japanese yen trading pair for U.S. users, improving Japanese market access.