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Crypto

Rakuten Wallet unveils first physical Shiba Inu coin targeting 44 million-strong Rakuten retail ecosystem

Japan\'s Rakuten Wallet has produced what it called the industry\'s first physical Shiba Inu (SHIB) coin, the fifth release in its collectible Real Coin series. The company said the metal commemorative coin is not linked to a blockchain and is not a payment tool. Rakuten Wallet plans to use it for offline marketing and events targeting Rakuten\'s 44 million-strong retail ecosystem, alongside preparations for large-scale giveaway campaigns.

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.