Japan’s FSA backs joint stablecoin initiative by nation’s top banks

Japan’s FSA backs joint stablecoin initiative by nation’s top banks

Japan’s financial regulator has launched a “Payment Innovation Project” backing a joint initiative by major banks and corporations to issue yen-based stablecoins. Japan’s financial regulator, the Financial Services Agency (FSA), endorsed a project by the country’s largest financial institutions to jointly issue yen-backed stablecoins. In a Friday statement, the FSA announced the launch of its…

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Bitcoin 'money vessel' amasses B but recovery lacks ETF inflows

Bitcoin 'money vessel' amasses $8B but recovery lacks ETF inflows

Despite an $8 billion rise in realized cap, Bitcoin’s recovery lacks the continued inflows from ETFs and Michael Saylor’s Strategy as the main demand drivers, according to CryptoQuant. Bitcoin’s onchain inflows are signaling robust demand for the world’s largest cryptocurrency, with both investors and miners ramping up their activity despite the negative market sentiment since…

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Blockchain has earned its place in sports as core infrastructure

Blockchain has earned its place in sports as core infrastructure

Blockchain has transitioned from arena sponsorships to mission-critical stadium infrastructure. Sport has enabled blockchain’s mainstream moment. Opinion by: Dima Saksonov, founder and CEO of Atleta Network The sports industry has become the distribution channel for blockchain’s mainstream moment. Leagues, teams and venues are running verifiable ticketing, identity and rights-management systems as mission-critical infrastructure that operates…

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