Japan may approve its first spot Bitcoin exchange-traded fund as early as 2028, according to a report from Nihon Keizai Shimbun. The development follows the enactment of a landmark bill on July 15 that legally classifies cryptocurrencies as financial products, marking a significant shift in the country’s regulatory approach to digital assets. New Law Paves
The Smarter Web Company has repaid its $11.7 million Smarter Convert instrument ahead of schedule by selling 177.89 Bitcoin, removing a potential 7.7 million-share issuance while retaining a treasury of 2,700 $BTC. According to an official announcement from The Smarter Web Company, the London-listed firm settled its Smarter Convert instrument around two weeks before maturity
A total of nine companies have formed a consortium pledging a combined $15 million over three years to support Bitcoin BTC$65,171.29 security research and open-source development. Companies in the newly formed Bitcoin Security Consortium include major crypto market participants including BlackRock, Coinbase, Strategy, Anchorage Digital, ARK Invest, Block, Blockstream, Fidelity Digital Assets and Galaxy. The
Kakao Group announced today that it has signed a strategic memorandum of understanding (MOU) with Circle Internet Group (CRCL), the company behind the $USDC stablecoin, to explore collaboration in digital asset technology and infrastructure. The agreement marks a significant step for Kakao’s expansion into the blockchain and digital finance space. Scope of the Partnership According
The U.S. gold reserves value sits above $1 trillion at current market prices — and yet, according to Treasury Secretary Scott Bessent, that stockpile has almost nothing to do with what makes the dollar worth anything. That tension, between the world’s largest gold hoard and a currency that no longer depends on it, sits at
After a prolonged period of outflows, Bitcoin has seen a shift to inflows. According to Farside Investors data, US spot Bitcoin ETFs recorded a net inflow of $69.1 million the previous day. This marks the seventh consecutive day of net inflows. On-chain data platform Santiment noted that Bitcoin ETFs have recorded net inflows for seven
Mubadala Capital has brought one of its private markets investment funds onchain, making the asset management arm of Abu Dhabi’s sovereign wealth fund one of the latest major financial firms to embrace tokenization. The alternative asset manager, which oversees about $430 billion in assets, said Thursday it launched a tokenized version of one of its