Fasset Hits $1 Billion Valuation After $68M SBI-Led Round
Stablecoin neobank Fasset raises $68 million at a $1 billion valuation as SBI Group backs its expansion across global payment and remittance markets.
Stablecoin neobank Fasset raises $68 million at a $1 billion valuation as SBI Group backs its expansion across global payment and remittance markets.
Japan has created a standalone Crypto Assets and Stablecoins Division within the FSA, a big regulatory upgrade for an asset class previously handled by a back-office unit in the agency.
Japan’s JPYC raises $38 million to expand its yen stablecoin ecosystem as AZ-COM Maruwa plans payments to 2,300 partners and contractors.
Bitget will stop serving Japanese users after halting new registrations, citing regulatory compliance as Japan prepares stricter crypto trading rules.
On Monday, the Pyth Network announced via X that Japanese equities are now live on Pyth Pro.
On Thursday, the Ondo Finance team announced via X that it has partnered with SBI Group, one of Japan's leading financial institutions.
On Monday, the Avalanche Foundation announced via X that Progmat has migrated ¥452B+ ($2.7B+) in regulated digital securities to an Avalanche L1.
SBI Group will launch a JPYSC stablecoin lending service offering a 3% annual yield as it expands its onchain finance and digital asset strategy in Japan.
Lawson will begin accepting Japan's JPYC stablecoin at a Tokyo store in a pilot with KDDI and HashPort, advancing regulated crypto payments in retail.
Ripple has officially launched its Ripple USD (RLUSD) stablecoin in Japan, marking a significant step in the company's international expansion strategy.
Chainlink announced via X on Monday that Chainlink APAC Equities Streams are now live, starting with Japan and Korea.
A Japanese pension fund plans to invest in cryptocurrencies in 2026, allocating 1% of assets as part of diversification, amid growing institutional and regulatory crypto adoption in Japan.