Search results for Mercari
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
Shiba Inu seen rebounding in July despite 10 percent June drop as seasonal strength shows signs of return
Shiba Inu (SHIB) has stayed weak through the first half of the year, falling 10.1 percent in June after an 11.5 percent drop in May, with its price around $0.000005. U.Today reported that July has historically marked a turning point, citing CryptoRank data showing a median July return of 8.92 percent. The outlet also pointed to regulatory recognition, ETF inclusion, wider payments use and a surge in futures volume.