Search results for Japanese government bonds
AI & Enterprise
Sony Bank partners with JPYC to test instant purchase of yen stablecoin from bank accounts
Sony Bank is working with stablecoin issuer JPYC to develop a system that lets customers buy JPYC instantly directly from their bank accounts, Cointelegraph reported on Sunday. The project is expected to become a first case of directly linking bank accounts without using crypto exchanges under Japan\'s revised Payment Services Act. Sony Bank\'s Web3 unit BlockBloom will lead the design. JPYC is backed 1:1 by bank deposits and Japanese government bonds.
Crypto
Japan bond market panic spreads to cryptocurrencies; \"rates to keep rising\"
Japan\'s tightening bond market is delivering a major shock to cryptocurrencies and global stock markets, CoinDesk reported on Tuesday. Japanese government bond yields have jumped sharply, with the 30-year JGB yield rising 31 basis points in a single day to 3.91 percent, triggering panic in markets. Japan\'s Nikkei index fell 2.5 percent and U.S. stock futures dropped 1.5 percent. Bitcoin slid below $90,000, while gold and silver surged.
Crypto
Japan finance minister says 2026 will be the year of digital assets as integration with traditional finance accelerates
Japan is stepping up efforts to integrate digital assets with traditional finance. Finance Minister Satsuki Katayama said exchanges play a decisive role in widening public access to digital and blockchain-based assets and pledged government support for innovation. She cited U.S. crypto ETFs and said Japan could adopt a similar structure, though none exist domestically. Japan has discussed allowing banks to treat crypto like stocks or government bonds and approved a yen-linked stablecoin JPYC.