Bybit, the world’s second-largest cryptocurrency exchange by volume, is navigating a shifting global regulatory landscape. The company recently announced plans to phase out services in Japan starting in 2026, while simultaneously marking a strategic return to the United Kingdom. Exit Strategy: Japan’s Tightening Regulations Following years of operating without a license from Japan’s Financial Services … Read more
Following its December 18–19 meeting, the Bank of Japan (BoJ) signaled a potential departure from its long-standing ultra-easy monetary policy. Governor Kazuo Ueda and the BoJ board indicated that if Japan’s economic performance and price trends stay on track with current forecasts, further interest rate hikes are likely. A Shift Toward Normalization The central bank … Read more
SBI Holdings and the Startale Group have signed a memorandum of understanding to jointly develop and launch a regulated Japanese yen-denominated stablecoin. This initiative aims to provide a compliant and institutionally-focused alternative to the predominantly dollar-denominated digital currency market in global trade and settlement. The stablecoin is planned for launch in the second quarter of … Read more
Japan’s Financial Services Agency (FSA) is preparing to introduce legal changes that would require crypto exchanges to establish dedicated liability reserves to compensate customers for losses resulting from hacks or operational failures. This move aims to strengthen investor protection in one of the world’s most regulated digital asset markets. Key Details of the Proposal: Reserve … Read more