The post BoJ’s Masu warns Iran war energy shock could hit Japan harder than 1973 oil crisis appeared on BitcoinEthereumNews.com.
Bank of Japan (BoJ) policy board member Kazuyuki Masu said on Thursday that the impact of Iran war-driven energy shock on Japan’s economy may be more severe than 1973 oil crisis, risk requires attention. Key quotes Impact of Iran war-driven energy shock on Japan’s economy could be more serious than the first oil sock in 1973, a risk that warrants attention. Rising personnel expenses, distribution costs and impact of weak yen are elements forming basis for Japan’s inflation. From a long-term perspective, the price of food in general is a key determinant of future inflation. Given Japan is no longer in deflationary period, negative real rates should be addressed as soon as possible. With policy rate near estimated neutral level, BOJ must more closely assess prices, employment and financial conditions for further moves. Market reaction As of writing, the USD/JPY
The post Mitsui & Co. Digital Asset Management launches Japan’s first land-backed digital security appeared on BitcoinEthereumNews.com.
Japan just got its first digital security backed entirely by land rights, not a building, not a revenue stream from tenants, but the dirt itself. Mitsui & Co. Digital Asset Management has tokenized the leasehold interest beneath AEON Omiya, a large commercial facility in Saitama City, creating a new category of regulated real-world asset security in Asia’s second-largest economy. The underlying land is valued at approximately ¥8.6 billion, or roughly $55.6 million. Investors can buy in for as little as ¥100,000, which comes out to about $647, and the product carries an expected pre-tax annual yield of 3.4%. How the deal is structured The tokens are issued through the ALTERNA platform, which runs on a permissioned blockchain called “ibet for Fin.” It’s a private, regulated blockchain designed specifically for financial instruments in Japan. Legally, the
The post Bank of Japan debates near-term rate hike, signals June move appeared on BitcoinEthereumNews.com.
The Bank of Japan just told the world it’s seriously considering another rate hike, and the timeline is measured in weeks, not quarters. Minutes from the BOJ’s April 27-28 meeting, released on May 11, reveal that three out of nine board members pushed for an immediate increase to the policy rate, citing persistent inflation risks and the need to continue normalizing monetary policy. The central bank currently holds its short-term policy rate at 0.75%, a level it reached after a December 2025 hike that itself marked a dramatic departure from years of negative rates. Now markets are pricing in a 65.8% chance that the BOJ bumps that rate to 1% at its June meeting. What the minutes actually say The hawkish contingent on the board, those three members who wanted to move immediately, pointed to inflation that continues to run above the BOJ’s 2% target. The bank’s own forecasts were upgr
This innovation could reshape Japan's investment landscape, offering new opportunities while introducing unique risks tied to land-use rights.
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A potential BOJ rate hike could disrupt global liquidity, impacting risk assets like crypto, especially if the Fed's stance remains unchanged.
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The post Telecom giant KDDI to acquire 14.9% stake in Coincheck Group in $65 million deal appeared on BitcoinEthereumNews.com.
KDDI, one of Japan’s largest telecom companies, is set to hold a 14.9% stake in local crypto exchange operator Coincheck Group (CNCK) after agreeing to a $65 million deal. The telecom giant will subscribe for 28.5 million newly issued Coincheck Group shares at $2.28 each, Coincheck said on Wednesday. The deal is expected to close in June. Coincheck and KDDI also signed what both firms called a business alliance covering customer referrals, revenue sharing and referral fees. The companies said the partnership is aimed at expanding crypto access in Japan through KDDI’s consumer channels and Coincheck’s trading, custody, staking and asset-management services. KDDI has been building around crypto and Web3 since at least 2023, when it launched αU, a metaverse and Web3 service with a non-fungible token (NFT) marketplace and crypto wallet. The company deepened that pu
The post ECB Philip Lane: Oil shock to require rate hikes appeared on BitcoinEthereumNews.com.
The European Central Bank (ECB) Chief Economist Philip Lane crossed the wires, saying that the energy shock caused by the Iran war will require a restrictive policy at a conference in London. Lane said that “a mid-size but not-too-persistent overshoot could warrant some measured adjustment,” adding that the response has to be “appropriately forceful or persistent” on Lane reaffirmed the ECB’s line that “a mid-size but not-too-persistent overshoot could warrant some measured adjustment” while the response had to be “appropriately forceful or persistent” would require a firmer or longer-lasting policy reaction. EUR/USD reaction on the headline The EUR/USD bounced off around the 1.1700 figure, past the 100-day Simple Moving Average (SMA) of 1.1708, which could open the door for further gains. Up next is the 20-day SMA at 1.1730. ECB FAQs The European Central Bank (ECB) in Frankfurt, Germany, is
Japan telecom KDDI has agreed to buy a 14.9% stake in KDDI Coincheck Group for $65 million. KDDI Corporation (TYO: 9433), Japan’s second-largest telecom company with over 72 million mobile subscribers, has announced an agreement to acquire a 14.9% stake…
Suspending the federal gas tax could offer minor consumer relief but risks underfunding crucial infrastructure projects, impacting long-term growth.
The post Trump proposes temporary suspension of federal gas tax amid rising fuel prices due to Iran war appeared first on Crypto Briefing.