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Crypto
Japan moves to allow spot crypto ETFs; could Shiba Inu benefit from regulatory easing?
As Japan moves to fold cryptocurrencies into its regulated financial products framework, Shiba Inu (SHIB) may benefit in the local market. The shift includes transferring oversight from the Payment Services Act to the Financial Instruments and Exchange Act and could ease tax burdens while strengthening investor protection and trading rules. Plans to create a legal basis for crypto exchange-traded funds are also advancing. Shiba Inu has already entered Japan’s regulated distribution channels and is traded on major platforms.
Crypto
Rakuten to give Shiba Inu, Dogecoin for posting pet dog photos
Rakuten Wallet, the cryptocurrency service of Japanese e-commerce company Rakuten, has launched a campaign that pays users Shiba Inu (SHIB) and Dogecoin (DOGE) for posting pet dog photos. The contest targets up to 44 million potential participants and will select 11 winners. The move reflects a trend in Japan’s retail sector to use memecoins for customer acquisition, loyalty programmes and payment services, amid regulatory easing.
Crypto
Japan financial sector expands Ripple payment network; XRP potential as SWIFT alternative reaffirmed
Japanese financial institutions said an XRP-based cross-border remittance pilot confirmed costs up to 60 percent lower than the SWIFT system and settlement within 4 seconds. The test was presented at the \'XRP Tokyo 2026\' event and ran on an actual remittance corridor linking Japan and Southeast Asia. Ripple said it added 12 new currency pairs, while SBI Holdings was again cited as a key partner in Japan.