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Japan’s first trust-based yen stablecoin! SBI launches JPYSC, with applications in 3 major scenariosJapanese financial giant SBI Group announced on June 24 that it, together with Singapore fintech company Startale Group, has launched Japan’s first Japanese yen stablecoin “JPYSC,” backed by a trust bank.
According to the statement, SBI has completed the first issuance of JPYSC today. The issuance and asset custody are handled by SBI Shinsei Trust Bank. SBI Group’s cryptocurrency exchange, SBI VC Trade, serves as the primary distribution platform. Meanwhile, Startale leads the technical development and integration of blockchain infrastructure. SBI stated in the announcement:
JPYSC is Japan’s first trust-structure-based stablecoin, with reserve assets managed by a trust bank. Unlike the previously launched fund-transfer-type stablecoins, JPYSC is not subject to the legal restrictions that apply to single transactions and where account balances are not allowed to exceed JPY 1 million.
Japan’s first trust-based yen stablecoin! SBI launches JPYSC, with applications in 3 major scenarios
Japanese financial giant SBI Group announced on June 24 that it, together with Singapore fintech company Startale Group, has launched Japan’s first Japanese yen stablecoin “JPYSC,” backed by a trust bank.
According to the statement, SBI has completed the first issuance of JPYSC today. The issuance and asset custody are handled by SBI Shinsei Trust Bank. SBI Group’s cryptocurrency exchange, SBI VC Trade, serves as the primary distribution platform. Meanwhile, Startale leads the technical development and integration of blockchain infrastructure. SBI stated in the announcement:
JPYSC is Japan’s first trust-structure-based stablecoin, with reserve assets managed by a trust bank. Unlike the previously launched fund-transfer-type stablecoins, JPYSC is not subject to the legal restrictions that apply to single transactions and where account balances are not allowed to exceed JPY 1 million.
According to the statement, SBI has completed the first issuance of JPYSC today. The issuance and asset custody are handled by SBI Shinsei Trust Bank. SBI Group’s cryptocurrency exchange, SBI VC Trade, serves as the primary distribution platform. Meanwhile, Startale leads the technical development and integration of blockchain infrastructure. SBI stated in the announcement:
JPYSC is Japan’s first trust-structure-based stablecoin, with reserve assets managed by a trust bank. Unlike the previously launched fund-transfer-type stablecoins, JPYSC is not subject to the legal restrictions that apply to single transactions and where account balances are not allowed to exceed JPY 1 million.
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Conservative Japanese pensions to buy crypto? Nikkei: Expected to allocate 1% to cryptocurrencies in fiscal 2026Japanese corporate pension fund впервые включает cryptocurrency allocations
A new investment trend has emerged in Japan’s corporate pension market. According to (Nikkei), the National Business Corporate Pension Fund plans, starting in fiscal year 2026, to allocate about 1% of its assets to cryptocurrencies—an uncommon example of crypto asset allocation within Japan’s corporate pension system.
The fund mainly serves about 1,200 small and midsize enterprises, managing assets totaling about 21.3 billion yen (approximately $130 million). Under the plan, the fund will gain exposure to cryptocurrencies through passive investment vehicles managed by large hedge funds, avoiding direct buying, selling, and custody of cryptocurrencies itself.
Conservative Japanese pensions to buy crypto? Nikkei: Expected to allocate 1% to cryptocurrencies in fiscal 2026
Japanese corporate pension fund впервые включает cryptocurrency allocations
A new investment trend has emerged in Japan’s corporate pension market. According to (Nikkei), the National Business Corporate Pension Fund plans, starting in fiscal year 2026, to allocate about 1% of its assets to cryptocurrencies—an uncommon example of crypto asset allocation within Japan’s corporate pension system.
The fund mainly serves about 1,200 small and midsize enterprises, managing assets totaling about 21.3 billion yen (approximately $130 million). Under the plan, the fund will gain exposure to cryptocurrencies through passive investment vehicles managed by large hedge funds, avoiding direct buying, selling, and custody of cryptocurrencies itself.
A new investment trend has emerged in Japan’s corporate pension market. According to (Nikkei), the National Business Corporate Pension Fund plans, starting in fiscal year 2026, to allocate about 1% of its assets to cryptocurrencies—an uncommon example of crypto asset allocation within Japan’s corporate pension system.
The fund mainly serves about 1,200 small and midsize enterprises, managing assets totaling about 21.3 billion yen (approximately $130 million). Under the plan, the fund will gain exposure to cryptocurrencies through passive investment vehicles managed by large hedge funds, avoiding direct buying, selling, and custody of cryptocurrencies itself.
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Pelosi buys call options on Intel and Uber! What’s the strategy behind her unique analysis?The latest disclosure of trading records shows that former U.S. Democratic House Speaker Nancy Pelosi has purchased call option contracts on Intel and Uber. This is her first publicly disclosed transaction of the year. In the past, her investment returns have outperformed the broader market and even beat the S&P 500. Her latest investment moves have once again sparked intense attention and discussion in financial markets. Pure market observation, not investment advice.
Pelosi bullish on Intel and Uber, buying call option contracts
According to the filing, on May 29 this year, Pelosi purchased call option contracts for 200 shares of Intel Corporation (NASDAQ: INTC) and 200 shares of Uber Technologies Inc. (NYSE: UBER), respectively. The strike prices of both derivative transactions were set at $50, and the expiration dates were both March 19, 2027. This move aligns with Pelosi’s long-standing investment practice: choosing to let the contract expire after holding it for at least half a year, and selecting options whose strike price is already in-the-money—meaning the strike price is lower than the current market spot price.
Pelosi buys call options on Intel and Uber! What’s the strategy behind her unique analysis?
The latest disclosure of trading records shows that former U.S. Democratic House Speaker Nancy Pelosi has purchased call option contracts on Intel and Uber. This is her first publicly disclosed transaction of the year. In the past, her investment returns have outperformed the broader market and even beat the S&P 500. Her latest investment moves have once again sparked intense attention and discussion in financial markets. Pure market observation, not investment advice.
Pelosi bullish on Intel and Uber, buying call option contracts
According to the filing, on May 29 this year, Pelosi purchased call option contracts for 200 shares of Intel Corporation (NASDAQ: INTC) and 200 shares of Uber Technologies Inc. (NYSE: UBER), respectively. The strike prices of both derivative transactions were set at $50, and the expiration dates were both March 19, 2027. This move aligns with Pelosi’s long-standing investment practice: choosing to let the contract expire after holding it for at least half a year, and selecting options whose strike price is already in-the-money—meaning the strike price is lower than the current market spot price.
Pelosi bullish on Intel and Uber, buying call option contracts
According to the filing, on May 29 this year, Pelosi purchased call option contracts for 200 shares of Intel Corporation (NASDAQ: INTC) and 200 shares of Uber Technologies Inc. (NYSE: UBER), respectively. The strike prices of both derivative transactions were set at $50, and the expiration dates were both March 19, 2027. This move aligns with Pelosi’s long-standing investment practice: choosing to let the contract expire after holding it for at least half a year, and selecting options whose strike price is already in-the-money—meaning the strike price is lower than the current market spot price.
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（6/27）Will Musk break TSMC’s monopoly? Five predictions for 2030: brain-computer interfaces as a new way for humans to communicateAccording to an article published by Forbes, Rob Toews, a partner at Radical Ventures, recently made five bold predictions about the development trajectory of artificial intelligence (AI) in 2030. His remarks cover the reshaping of AI companies’ landscape, changes to the semiconductor supply chain, breakthroughs in brain-computer interface technology, improvements in energy efficiency, and key issues such as AI ethics and legal rights—signaling that in the coming years, the global tech industry will undergo a disruptive structural transformation.
Will TSMC’s dominant position be broken? A global reshuffle of the semiconductor supply chain
At present, almost 100% of the world’s top AI chips are manufactured for others by TSMC, while the extreme ultraviolet (EUV) lithography exposure machines are monopolized by Dutch firm ASML. However, Rob Toews believes that by 2030, technologies including “atom lithography” from Norway startup Lace Lithography and the X-ray lithography approach from Substrate will break ASML’s monopoly.
（6/27）Will Musk break TSMC’s monopoly? Five predictions for 2030: brain-computer interfaces as a new way for humans to communicate
According to an article published by Forbes, Rob Toews, a partner at Radical Ventures, recently made five bold predictions about the development trajectory of artificial intelligence (AI) in 2030. His remarks cover the reshaping of AI companies’ landscape, changes to the semiconductor supply chain, breakthroughs in brain-computer interface technology, improvements in energy efficiency, and key issues such as AI ethics and legal rights—signaling that in the coming years, the global tech industry will undergo a disruptive structural transformation.
Will TSMC’s dominant position be broken? A global reshuffle of the semiconductor supply chain
At present, almost 100% of the world’s top AI chips are manufactured for others by TSMC, while the extreme ultraviolet (EUV) lithography exposure machines are monopolized by Dutch firm ASML. However, Rob Toews believes that by 2030, technologies including “atom lithography” from Norway startup Lace Lithography and the X-ray lithography approach from Substrate will break ASML’s monopoly.
Will TSMC’s dominant position be broken? A global reshuffle of the semiconductor supply chain
At present, almost 100% of the world’s top AI chips are manufactured for others by TSMC, while the extreme ultraviolet (EUV) lithography exposure machines are monopolized by Dutch firm ASML. However, Rob Toews believes that by 2030, technologies including “atom lithography” from Norway startup Lace Lithography and the X-ray lithography approach from Substrate will break ASML’s monopoly.
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Korean media reports Taiwan’s “beggar superhero” phenomenon! Exposes the plight of high home prices and low wages—young people: you don’t understand our “romance”(Korean People’s Daily) describes Taiwan’s young people as “beggar superheroes,” living in “egg-shell districts.” The report says that, driven by semiconductor exports, Taiwan is showing a high growth rate; however, ordinary young people are bearing the burdens of high home prices, low wages, and heavy living costs. They can only live in egg-shell districts, or share homes with their parents, and some even resort to grabbing same-day convenience store meals and fresh food—turning them into “beggar superheroes.” Nonetheless, Taiwan’s young people have raised different views on the label of “beggar superhero.” They believe it is a practical choice in consumption, a “romance” unique to young people’s way of living. It should not be interpreted solely through a negative label as the flexibility and adaptive ability of youth when resources are limited.
Korean media reports Taiwan’s “beggar superhero” phenomenon! Exposes the plight of high home prices and low wages—young people: you don’t understand our “romance”
(Korean People’s Daily) describes Taiwan’s young people as “beggar superheroes,” living in “egg-shell districts.” The report says that, driven by semiconductor exports, Taiwan is showing a high growth rate; however, ordinary young people are bearing the burdens of high home prices, low wages, and heavy living costs. They can only live in egg-shell districts, or share homes with their parents, and some even resort to grabbing same-day convenience store meals and fresh food—turning them into “beggar superheroes.” Nonetheless, Taiwan’s young people have raised different views on the label of “beggar superhero.” They believe it is a practical choice in consumption, a “romance” unique to young people’s way of living. It should not be interpreted solely through a negative label as the flexibility and adaptive ability of youth when resources are limited.
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Could Bitcoin plunge another 30%? Legendary Chinese miner predicts the bottom, with a dip to $44,000 by year-endAn experienced miner estimates that Bitcoin could drop to between $42,000 and $44,000 by the end of the year.
As Bitcoin ( $BTC ) breaks through multiple key supports, market discussion about where the bottom of this bear market might be continues to heat up. Jiang Zhuoer, an early Chinese Bitcoin miner and co-founder of the BTC.TOP mining pool, recently said that Bitcoin still has room for further correction. He estimates that in the fourth quarter this year, it could dip to between $42,000 and $44,000, which would represent roughly a 30% drop from the current price.
Source of image: X/@Jiangzhuoer2. Chinese early Bitcoin miner Jiang Zhuoer said he expects Bitcoin to potentially test as low as between $42,000 and $44,000 in the fourth quarter this year.
Could Bitcoin plunge another 30%? Legendary Chinese miner predicts the bottom, with a dip to $44,000 by year-end
An experienced miner estimates that Bitcoin could drop to between $42,000 and $44,000 by the end of the year.
As Bitcoin ( $BTC ) breaks through multiple key supports, market discussion about where the bottom of this bear market might be continues to heat up. Jiang Zhuoer, an early Chinese Bitcoin miner and co-founder of the BTC.TOP mining pool, recently said that Bitcoin still has room for further correction. He estimates that in the fourth quarter this year, it could dip to between $42,000 and $44,000, which would represent roughly a 30% drop from the current price.
Source of image: X/@Jiangzhuoer2. Chinese early Bitcoin miner Jiang Zhuoer said he expects Bitcoin to potentially test as low as between $42,000 and $44,000 in the fourth quarter this year.
As Bitcoin ( $BTC ) breaks through multiple key supports, market discussion about where the bottom of this bear market might be continues to heat up. Jiang Zhuoer, an early Chinese Bitcoin miner and co-founder of the BTC.TOP mining pool, recently said that Bitcoin still has room for further correction. He estimates that in the fourth quarter this year, it could dip to between $42,000 and $44,000, which would represent roughly a 30% drop from the current price.
Source of image: X/@Jiangzhuoer2. Chinese early Bitcoin miner Jiang Zhuoer said he expects Bitcoin to potentially test as low as between $42,000 and $44,000 in the fourth quarter this year.
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South Korea finds 40 illegal exchanges! Invites influencers to promote while stepping over the red line; the Financial Supervisory Commission urgently issues an alertSouth Korea seizes about 40 illegal operators; FIU issues a warning
The Financial Intelligence Unit of South Korea (FIU) recently stated that it has referred about 40 unregistered virtual asset service providers (VASPs) to law enforcement authorities for investigation, and has also issued a warning to investors. It urges the public to avoid using unregulated platforms to reduce risks such as scams, hacker attacks, personal data leaks, and money laundering.
Source: FIU, Financial Intelligence Unit of South Korea (FIU) recently stated that it has referred about 40 unregistered virtual asset service providers (VASPs) to law enforcement authorities for investigation.
South Korea finds 40 illegal exchanges! Invites influencers to promote while stepping over the red line; the Financial Supervisory Commission urgently issues an alert
South Korea seizes about 40 illegal operators; FIU issues a warning
The Financial Intelligence Unit of South Korea (FIU) recently stated that it has referred about 40 unregistered virtual asset service providers (VASPs) to law enforcement authorities for investigation, and has also issued a warning to investors. It urges the public to avoid using unregulated platforms to reduce risks such as scams, hacker attacks, personal data leaks, and money laundering.
Source: FIU, Financial Intelligence Unit of South Korea (FIU) recently stated that it has referred about 40 unregistered virtual asset service providers (VASPs) to law enforcement authorities for investigation.
The Financial Intelligence Unit of South Korea (FIU) recently stated that it has referred about 40 unregistered virtual asset service providers (VASPs) to law enforcement authorities for investigation, and has also issued a warning to investors. It urges the public to avoid using unregulated platforms to reduce risks such as scams, hacker attacks, personal data leaks, and money laundering.
Source: FIU, Financial Intelligence Unit of South Korea (FIU) recently stated that it has referred about 40 unregistered virtual asset service providers (VASPs) to law enforcement authorities for investigation.
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Can the U.S. crypto bill speed up a vote in July? Insider reporter: lawmakers’ urgency is rising, but four major issues remain unresolvedUrgent push for U.S. cryptocurrency legislation, with a key vote scheduled in July
Independent reporter Eleanor Terrett covering U.S. crypto regulation revealed today (6/26) that within recent discussions among Republican members of Congress, the sense of urgency to pass the (Clarity Act) (Digital Asset Market Clarity Act) has become noticeably stronger.
That sense of urgency is largely driven by political pressure stemming from controversy over a U.S. housing bill, as well as the reality that there is not much time left in Congress. Terrett noted that after senators end their recess and return to Washington on July 13, before the August summer recess, there will be only 20 working days left—roughly four weeks—to get the bill to the Senate for a vote, and then return it to the House.
Can the U.S. crypto bill speed up a vote in July? Insider reporter: lawmakers’ urgency is rising, but four major issues remain unresolved
Urgent push for U.S. cryptocurrency legislation, with a key vote scheduled in July
Independent reporter Eleanor Terrett covering U.S. crypto regulation revealed today (6/26) that within recent discussions among Republican members of Congress, the sense of urgency to pass the (Clarity Act) (Digital Asset Market Clarity Act) has become noticeably stronger.
That sense of urgency is largely driven by political pressure stemming from controversy over a U.S. housing bill, as well as the reality that there is not much time left in Congress. Terrett noted that after senators end their recess and return to Washington on July 13, before the August summer recess, there will be only 20 working days left—roughly four weeks—to get the bill to the Senate for a vote, and then return it to the House.
Independent reporter Eleanor Terrett covering U.S. crypto regulation revealed today (6/26) that within recent discussions among Republican members of Congress, the sense of urgency to pass the (Clarity Act) (Digital Asset Market Clarity Act) has become noticeably stronger.
That sense of urgency is largely driven by political pressure stemming from controversy over a U.S. housing bill, as well as the reality that there is not much time left in Congress. Terrett noted that after senators end their recess and return to Washington on July 13, before the August summer recess, there will be only 20 working days left—roughly four weeks—to get the bill to the Senate for a vote, and then return it to the House.
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MicroStrategy preferred shares drop to $75! If the reserves are enough to pay 10 months of dividends, why don’t retail investors have confidence?MicroStrategy preferred shares trade at a steep discount, putting retail investors’ confidence to the test
MicroStrategy (Strategy, stock ticker: MSTR), after selling a small amount of bitcoin for the first time in years, quickly increased its purchases again—but its preferred share STRC price has still fallen to $75, staying below its $100 par value.
Although MicroStrategy has recently continued to buy bitcoin for the past three weeks and has increased its cash reserves, under current market pressure these measures still cannot, for now, salvage retail investors’ confidence.
Source of the image: Google Finance. MicroStrategy’s preferred shares (STRC) are positioned as a stable income product, but after falling to $75, the discount has reached 25%.
MicroStrategy preferred shares drop to $75! If the reserves are enough to pay 10 months of dividends, why don’t retail investors have confidence?
MicroStrategy preferred shares trade at a steep discount, putting retail investors’ confidence to the test
MicroStrategy (Strategy, stock ticker: MSTR), after selling a small amount of bitcoin for the first time in years, quickly increased its purchases again—but its preferred share STRC price has still fallen to $75, staying below its $100 par value.
Although MicroStrategy has recently continued to buy bitcoin for the past three weeks and has increased its cash reserves, under current market pressure these measures still cannot, for now, salvage retail investors’ confidence.
Source of the image: Google Finance. MicroStrategy’s preferred shares (STRC) are positioned as a stable income product, but after falling to $75, the discount has reached 25%.
MicroStrategy (Strategy, stock ticker: MSTR), after selling a small amount of bitcoin for the first time in years, quickly increased its purchases again—but its preferred share STRC price has still fallen to $75, staying below its $100 par value.
Although MicroStrategy has recently continued to buy bitcoin for the past three weeks and has increased its cash reserves, under current market pressure these measures still cannot, for now, salvage retail investors’ confidence.
Source of the image: Google Finance. MicroStrategy’s preferred shares (STRC) are positioned as a stable income product, but after falling to $75, the discount has reached 25%.
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No bad news, yet a drop of over 70%?! The truth behind MemeCore token’s nearly $3 billion market cap evaporatingNo hacking, no technical vulnerabilities, and even the official side has not released any negative news—yet the $M token issued by the blockchain project MemeCore was brutally washed out in just 24 hours, plunging by more than 70%.
According to CoinGecko market data, today (25th) the $M token plunged relentlessly from a high near $2.92 in the early morning, hitting a low of $0.51, before barely stabilizing around $0.74. Over the past 24 hours, it has fallen 73%. With no warning signs, the sudden crash not only caught investors off guard, but also directly wiped out the $M token’s market value of nearly $3 billion—shrinking from $3.8 billion before the crash to just about $969 million.
No bad news, yet a drop of over 70%?! The truth behind MemeCore token’s nearly $3 billion market cap evaporating
No hacking, no technical vulnerabilities, and even the official side has not released any negative news—yet the $M token issued by the blockchain project MemeCore was brutally washed out in just 24 hours, plunging by more than 70%.
According to CoinGecko market data, today (25th) the $M token plunged relentlessly from a high near $2.92 in the early morning, hitting a low of $0.51, before barely stabilizing around $0.74. Over the past 24 hours, it has fallen 73%. With no warning signs, the sudden crash not only caught investors off guard, but also directly wiped out the $M token’s market value of nearly $3 billion—shrinking from $3.8 billion before the crash to just about $969 million.
According to CoinGecko market data, today (25th) the $M token plunged relentlessly from a high near $2.92 in the early morning, hitting a low of $0.51, before barely stabilizing around $0.74. Over the past 24 hours, it has fallen 73%. With no warning signs, the sudden crash not only caught investors off guard, but also directly wiped out the $M token’s market value of nearly $3 billion—shrinking from $3.8 billion before the crash to just about $969 million.
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For the first time in two years, it falls below the $100 mark! MicroStrategy’s stock is weak, and Peter Schiff warns that a liquidation crisis is comingStrategy: When the stock price falls below $100, the market re-evaluates its Bitcoin treasury model
As Bitcoin continues to weaken, the stock price of U.S.-listed company Strategy (formerly MicroStrategy), which holds a large amount of Bitcoin ($BTC), has dropped in tandem, falling below $100 and hitting a nearly two-year low. This has also prompted the market to reexamine the company’s Bitcoin treasury strategy.
Image source: Google Finance Strategy (formerly MicroStrategy) stock price drops in tandem, falling below $100 and hitting a nearly two-year low
After Bitcoin recently broke below $60,000, Strategy’s stock decline widened further. Because the company has spent many years continuously raising funds through issuing convertible bonds, preferred stock, and common stock, and then investing most of the proceeds into Bitcoin, the company’s valuation remains tightly linked to Bitcoin’s price. As Bitcoin prices keep correcting, the market has begun to reassess Strategy’s financing ability, balance-sheet structure, and overall financial risk.
For the first time in two years, it falls below the $100 mark! MicroStrategy’s stock is weak, and Peter Schiff warns that a liquidation crisis is coming
Strategy: When the stock price falls below $100, the market re-evaluates its Bitcoin treasury model
As Bitcoin continues to weaken, the stock price of U.S.-listed company Strategy (formerly MicroStrategy), which holds a large amount of Bitcoin ($BTC), has dropped in tandem, falling below $100 and hitting a nearly two-year low. This has also prompted the market to reexamine the company’s Bitcoin treasury strategy.
Image source: Google Finance Strategy (formerly MicroStrategy) stock price drops in tandem, falling below $100 and hitting a nearly two-year low
After Bitcoin recently broke below $60,000, Strategy’s stock decline widened further. Because the company has spent many years continuously raising funds through issuing convertible bonds, preferred stock, and common stock, and then investing most of the proceeds into Bitcoin, the company’s valuation remains tightly linked to Bitcoin’s price. As Bitcoin prices keep correcting, the market has begun to reassess Strategy’s financing ability, balance-sheet structure, and overall financial risk.
As Bitcoin continues to weaken, the stock price of U.S.-listed company Strategy (formerly MicroStrategy), which holds a large amount of Bitcoin ($BTC), has dropped in tandem, falling below $100 and hitting a nearly two-year low. This has also prompted the market to reexamine the company’s Bitcoin treasury strategy.
Image source: Google Finance Strategy (formerly MicroStrategy) stock price drops in tandem, falling below $100 and hitting a nearly two-year low
After Bitcoin recently broke below $60,000, Strategy’s stock decline widened further. Because the company has spent many years continuously raising funds through issuing convertible bonds, preferred stock, and common stock, and then investing most of the proceeds into Bitcoin, the company’s valuation remains tightly linked to Bitcoin’s price. As Bitcoin prices keep correcting, the market has begun to reassess Strategy’s financing ability, balance-sheet structure, and overall financial risk.
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Stablecoin RLUSD officially launches in Japan! Ripple approved by the Financial Services Agency, partners with SBICompetition in Japan’s stablecoin market continues to heat up. Just as Japan’s first trust-bank-backed yen stablecoin, JPYSC, has emerged, blockchain payments company Ripple has also officially brought its USD stablecoin RLUSD to the Japanese market, further expanding its global business footprint.
Ripple officially announced on Wednesday that its USD stablecoin “RLUSD” has been approved for issuance and circulation in Japan. Through a partnership with Japanese financial giant SBI Holdings and its crypto trading platform SBI VC Trade, it has officially launched, opening access to both institutional and retail traders.
Jack McDonald, Senior Vice President of Ripple’s stablecoin business, said:
Stablecoin RLUSD officially launches in Japan! Ripple approved by the Financial Services Agency, partners with SBI
Competition in Japan’s stablecoin market continues to heat up. Just as Japan’s first trust-bank-backed yen stablecoin, JPYSC, has emerged, blockchain payments company Ripple has also officially brought its USD stablecoin RLUSD to the Japanese market, further expanding its global business footprint.
Ripple officially announced on Wednesday that its USD stablecoin “RLUSD” has been approved for issuance and circulation in Japan. Through a partnership with Japanese financial giant SBI Holdings and its crypto trading platform SBI VC Trade, it has officially launched, opening access to both institutional and retail traders.
Jack McDonald, Senior Vice President of Ripple’s stablecoin business, said:
Ripple officially announced on Wednesday that its USD stablecoin “RLUSD” has been approved for issuance and circulation in Japan. Through a partnership with Japanese financial giant SBI Holdings and its crypto trading platform SBI VC Trade, it has officially launched, opening access to both institutional and retail traders.
Jack McDonald, Senior Vice President of Ripple’s stablecoin business, said:
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SBI pours 46.7 billion yen to acquire Bitbank! Combined custody assets reach as much as 1.1 trillion, making it Japan’s largest exchangeSBI to acquire Bitbank, investing 46.7 billion yen
Japan’s financial giant SBI Holdings announced yesterday (6/25) that it has decided to acquire the cryptocurrency exchange Bitbank for 46.7 billion yen (about $289 million) through its wholly owned subsidiary, SBICAH, and incorporate it into the group.
(Nikkei) revealed that SBI Holdings began capital cooperation talks as early as May 2026, with the goal of making Bitbank a subsidiary. Bitbank had announced in 2024 its plans to list on the Tokyo Stock Exchange, but that has not happened to date.
Related report: Is the Japanese exchange sector going mainstream? Bitbank plans to list and is preparing for an IPO on the Tokyo Stock Exchange
SBI pours 46.7 billion yen to acquire Bitbank! Combined custody assets reach as much as 1.1 trillion, making it Japan’s largest exchange
SBI to acquire Bitbank, investing 46.7 billion yen
Japan’s financial giant SBI Holdings announced yesterday (6/25) that it has decided to acquire the cryptocurrency exchange Bitbank for 46.7 billion yen (about $289 million) through its wholly owned subsidiary, SBICAH, and incorporate it into the group.
(Nikkei) revealed that SBI Holdings began capital cooperation talks as early as May 2026, with the goal of making Bitbank a subsidiary. Bitbank had announced in 2024 its plans to list on the Tokyo Stock Exchange, but that has not happened to date.
Related report: Is the Japanese exchange sector going mainstream? Bitbank plans to list and is preparing for an IPO on the Tokyo Stock Exchange
Japan’s financial giant SBI Holdings announced yesterday (6/25) that it has decided to acquire the cryptocurrency exchange Bitbank for 46.7 billion yen (about $289 million) through its wholly owned subsidiary, SBICAH, and incorporate it into the group.
(Nikkei) revealed that SBI Holdings began capital cooperation talks as early as May 2026, with the goal of making Bitbank a subsidiary. Bitbank had announced in 2024 its plans to list on the Tokyo Stock Exchange, but that has not happened to date.
Related report: Is the Japanese exchange sector going mainstream? Bitbank plans to list and is preparing for an IPO on the Tokyo Stock Exchange
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Trump refuses to sign housing bill that includes a CBDC ban! Demands the SAVE Act first: This is a national emergencyOn June 24 in U.S. time, President Trump suddenly canceled the scheduled signing ceremony for the housing bill that day, announcing via Truth Social: “(Signing) hereby canceled until we pass the urgently needed SAVE Act—I consider it a national emergency.” Trump also said in another post that the housing bill is “secondary” compared to lowering interest rates. Yesterday, Link News reported that the Senate passed the bill 85–5, and the House subsequently also passed it by a large margin. The bill was originally set to enter the final stage for signing today, and the 4-year CBDC ban was supposed to take effect simultaneously; however, Trump’s move left the entire bill—along with the CBDC provisions—stalled in limbo.
Trump refuses to sign housing bill that includes a CBDC ban! Demands the SAVE Act first: This is a national emergency
On June 24 in U.S. time, President Trump suddenly canceled the scheduled signing ceremony for the housing bill that day, announcing via Truth Social: “(Signing) hereby canceled until we pass the urgently needed SAVE Act—I consider it a national emergency.” Trump also said in another post that the housing bill is “secondary” compared to lowering interest rates. Yesterday, Link News reported that the Senate passed the bill 85–5, and the House subsequently also passed it by a large margin. The bill was originally set to enter the final stage for signing today, and the 4-year CBDC ban was supposed to take effect simultaneously; however, Trump’s move left the entire bill—along with the CBDC provisions—stalled in limbo.
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Bank wire transfers in just a few minutes! Circle partners with Japan’s Nomura—cross-border USDC payments coming in 2027On June 25 (US time), Circle Internet Financial announced that it has reached a partnership with Nomura Holdings, Japan’s largest investment bank. According to CoinDesk, the two parties will launch digital assets settled in USDC and a corporate cross-border payments service, with plans to go live in 2027. The service targets Japan’s FX trading market with a daily average of $440 billion (based on 2025 data from the Bank for International Settlements). It will allow Japanese companies to directly convert yen into the US dollar stablecoin USDC issued by Circle, then use an on-chain settlement route to compress cross-border settlement times—from the 2 to 3 business days currently required via bank wire transfers—to minutes-level processing.
Bank wire transfers in just a few minutes! Circle partners with Japan’s Nomura—cross-border USDC payments coming in 2027
On June 25 (US time), Circle Internet Financial announced that it has reached a partnership with Nomura Holdings, Japan’s largest investment bank. According to CoinDesk, the two parties will launch digital assets settled in USDC and a corporate cross-border payments service, with plans to go live in 2027. The service targets Japan’s FX trading market with a daily average of $440 billion (based on 2025 data from the Bank for International Settlements). It will allow Japanese companies to directly convert yen into the US dollar stablecoin USDC issued by Circle, then use an on-chain settlement route to compress cross-border settlement times—from the 2 to 3 business days currently required via bank wire transfers—to minutes-level processing.
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Bitcoin briefly drops below $58,000! Core PCE inflation hits a 3-year high, triggering a global sell-offCore PCE above expectations; bitcoin falls below $58,000
The latest U.S. released Core Personal Consumption Expenditures (Core PCE) price index year-over-year rate rose to 4.1%, the highest in nearly three years, indicating that inflation pressures have intensified again. After the data was released, the market quickly adjusted its expectations for the Federal Reserve’s monetary policy. Selling pressure in bitcoin ($BTC) surged, and the price repeatedly broke two key support levels—first below $60,000 and then below $58,000.
This downturn rapidly spread across the entire cryptocurrency market. Ether ($ETH) also fell below $1,600, while major cryptocurrencies such as Ripple ($XRP) declined in tandem. The stock prices of several publicly listed companies related to cryptocurrencies also showed clear pullbacks. As of the time of writing, the price of bitcoin was $59,665, and the price of ether was $1,565.
Bitcoin briefly drops below $58,000! Core PCE inflation hits a 3-year high, triggering a global sell-off
Core PCE above expectations; bitcoin falls below $58,000
The latest U.S. released Core Personal Consumption Expenditures (Core PCE) price index year-over-year rate rose to 4.1%, the highest in nearly three years, indicating that inflation pressures have intensified again. After the data was released, the market quickly adjusted its expectations for the Federal Reserve’s monetary policy. Selling pressure in bitcoin ($BTC) surged, and the price repeatedly broke two key support levels—first below $60,000 and then below $58,000.
This downturn rapidly spread across the entire cryptocurrency market. Ether ($ETH) also fell below $1,600, while major cryptocurrencies such as Ripple ($XRP) declined in tandem. The stock prices of several publicly listed companies related to cryptocurrencies also showed clear pullbacks. As of the time of writing, the price of bitcoin was $59,665, and the price of ether was $1,565.
The latest U.S. released Core Personal Consumption Expenditures (Core PCE) price index year-over-year rate rose to 4.1%, the highest in nearly three years, indicating that inflation pressures have intensified again. After the data was released, the market quickly adjusted its expectations for the Federal Reserve’s monetary policy. Selling pressure in bitcoin ($BTC) surged, and the price repeatedly broke two key support levels—first below $60,000 and then below $58,000.
This downturn rapidly spread across the entire cryptocurrency market. Ether ($ETH) also fell below $1,600, while major cryptocurrencies such as Ripple ($XRP) declined in tandem. The stock prices of several publicly listed companies related to cryptocurrencies also showed clear pullbacks. As of the time of writing, the price of bitcoin was $59,665, and the price of ether was $1,565.
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Cboe Exchange Launches Prediction Markets! What’s the Difference from Polymarket When It’s Also Betting on Events?Cboe launches prediction market products, targeting financial event trading
The U.S. derivatives exchange Cboe Global Markets has officially launched a new prediction market brand, “Cboe Predicts.” Its first product is based on the Mini S&P 500 Index (XSP), allowing investors to use binary options to predict whether the index will fall within a specified range—marking Cboe’s formal entry into the rapidly growing prediction markets of recent years.
The new product is already live on Interactive Brokers. In the coming months, it will also be offered through Charles Schwab, and later expanded to more retail brokers. With Cboe joining the competition, prediction markets that were originally driven by platforms such as Kalshi and Polymarket are also starting to attract more traditional financial institutions.
Cboe Exchange Launches Prediction Markets! What’s the Difference from Polymarket When It’s Also Betting on Events?
Cboe launches prediction market products, targeting financial event trading
The U.S. derivatives exchange Cboe Global Markets has officially launched a new prediction market brand, “Cboe Predicts.” Its first product is based on the Mini S&P 500 Index (XSP), allowing investors to use binary options to predict whether the index will fall within a specified range—marking Cboe’s formal entry into the rapidly growing prediction markets of recent years.
The new product is already live on Interactive Brokers. In the coming months, it will also be offered through Charles Schwab, and later expanded to more retail brokers. With Cboe joining the competition, prediction markets that were originally driven by platforms such as Kalshi and Polymarket are also starting to attract more traditional financial institutions.
The U.S. derivatives exchange Cboe Global Markets has officially launched a new prediction market brand, “Cboe Predicts.” Its first product is based on the Mini S&P 500 Index (XSP), allowing investors to use binary options to predict whether the index will fall within a specified range—marking Cboe’s formal entry into the rapidly growing prediction markets of recent years.
The new product is already live on Interactive Brokers. In the coming months, it will also be offered through Charles Schwab, and later expanded to more retail brokers. With Cboe joining the competition, prediction markets that were originally driven by platforms such as Kalshi and Polymarket are also starting to attract more traditional financial institutions.
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The Trump administration sets a quantum migration deadline for 2031! But experts warn: Bitcoin is nowhere near readyTrump accelerates the U.S. government’s post-quantum migration, sparking heated debate across the industry
U.S. President Donald Trump has recently signed an executive order that significantly moves up the deadline for the federal government to adopt post-quantum cryptography—from 2035 to 2031. The policy reflects the urgency of the United States’ efforts to address future quantum threats, sparking heated debate in the industry. Foreign media (Decrypt) compiled perspectives from various experts.
Regarding the White House-adjusted timeline, SandboxAQ’s engineering vice president, Stefan Leichenauer, said that a quantum computer with cryptanalysis capabilities could emerge within 3 to 10 years. The migration to post-quantum systems will take many years, so many institutions may already be behind schedule.
The Trump administration sets a quantum migration deadline for 2031! But experts warn: Bitcoin is nowhere near ready
Trump accelerates the U.S. government’s post-quantum migration, sparking heated debate across the industry
U.S. President Donald Trump has recently signed an executive order that significantly moves up the deadline for the federal government to adopt post-quantum cryptography—from 2035 to 2031. The policy reflects the urgency of the United States’ efforts to address future quantum threats, sparking heated debate in the industry. Foreign media (Decrypt) compiled perspectives from various experts.
Regarding the White House-adjusted timeline, SandboxAQ’s engineering vice president, Stefan Leichenauer, said that a quantum computer with cryptanalysis capabilities could emerge within 3 to 10 years. The migration to post-quantum systems will take many years, so many institutions may already be behind schedule.
U.S. President Donald Trump has recently signed an executive order that significantly moves up the deadline for the federal government to adopt post-quantum cryptography—from 2035 to 2031. The policy reflects the urgency of the United States’ efforts to address future quantum threats, sparking heated debate in the industry. Foreign media (Decrypt) compiled perspectives from various experts.
Regarding the White House-adjusted timeline, SandboxAQ’s engineering vice president, Stefan Leichenauer, said that a quantum computer with cryptanalysis capabilities could emerge within 3 to 10 years. The migration to post-quantum systems will take many years, so many institutions may already be behind schedule.
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MoneyGram Joins the Solana Ecosystem! Becomes an AI Ready Network Validator to Co-create Stablecoin InfrastructureGlobal remittance service provider MoneyGram announced its entry into the Solana Developer Platform (SDP) as an active validator of the Solana protocol, promoting deeper system integration between traditional wire transfer payment channels, AI Ready APIs, and blockchain, collaboratively building an open and interoperable stablecoin financial infrastructure.
MoneyGram becomes an active validator on the Solana network.
MoneyGram has officially joined the Solana ecosystem, becoming an active network validator. This signifies that MoneyGram will directly integrate with the Solana Proof of Stake (PoS) consensus mechanism, maintaining network security and operational efficiency by staking Solana tokens and processing transaction blocks.
MoneyGram Joins the Solana Ecosystem! Becomes an AI Ready Network Validator to Co-create Stablecoin Infrastructure
Global remittance service provider MoneyGram announced its entry into the Solana Developer Platform (SDP) as an active validator of the Solana protocol, promoting deeper system integration between traditional wire transfer payment channels, AI Ready APIs, and blockchain, collaboratively building an open and interoperable stablecoin financial infrastructure.
MoneyGram becomes an active validator on the Solana network.
MoneyGram has officially joined the Solana ecosystem, becoming an active network validator. This signifies that MoneyGram will directly integrate with the Solana Proof of Stake (PoS) consensus mechanism, maintaining network security and operational efficiency by staking Solana tokens and processing transaction blocks.
MoneyGram becomes an active validator on the Solana network.
MoneyGram has officially joined the Solana ecosystem, becoming an active network validator. This signifies that MoneyGram will directly integrate with the Solana Proof of Stake (PoS) consensus mechanism, maintaining network security and operational efficiency by staking Solana tokens and processing transaction blocks.
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Article
Bitcoin Floating Losses Hit $10.6 Billion! Analyst Warns: MicroStrategy Should Stop Accumulating and Replenish CashOn-chain data analytics firm CryptoQuant recently issued a stern warning to MicroStrategy. Analysts pointed out that with the pressure from dividend burdens surging, cash levels dwindling rapidly, and Bitcoin holdings facing massive unrealized losses, MicroStrategy should immediately halt any further accumulation of Bitcoin and prioritize rebuilding its cash reserves to regain market confidence.
CryptoQuant's research head Julio Moreno noted in a report released on Tuesday that the market panic triggered by bearish selling pressure and the sharp decline in corporate cash reserves caused MicroStrategy's preferred stock STRC to plummet to $82.50 last week, hitting an all-time low and representing a 17.5% discount from its $100 par value.
Bitcoin Floating Losses Hit $10.6 Billion! Analyst Warns: MicroStrategy Should Stop Accumulating and Replenish Cash
On-chain data analytics firm CryptoQuant recently issued a stern warning to MicroStrategy. Analysts pointed out that with the pressure from dividend burdens surging, cash levels dwindling rapidly, and Bitcoin holdings facing massive unrealized losses, MicroStrategy should immediately halt any further accumulation of Bitcoin and prioritize rebuilding its cash reserves to regain market confidence.
CryptoQuant's research head Julio Moreno noted in a report released on Tuesday that the market panic triggered by bearish selling pressure and the sharp decline in corporate cash reserves caused MicroStrategy's preferred stock STRC to plummet to $82.50 last week, hitting an all-time low and representing a 17.5% discount from its $100 par value.
CryptoQuant's research head Julio Moreno noted in a report released on Tuesday that the market panic triggered by bearish selling pressure and the sharp decline in corporate cash reserves caused MicroStrategy's preferred stock STRC to plummet to $82.50 last week, hitting an all-time low and representing a 17.5% discount from its $100 par value.
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