Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation.
Today in crypto, Japan’s FSA is set to approve JPYC as the country’s first yen-pegged stablecoin, Galaxy’s Mike Novogratz warns that a $1 million Bitcoin price in 2026 would not be a positive sign for the economy. Meanwhile, Kraken pauses deposits for Monero.
Japan’s Financial Services Agency (FSA) is preparing to approve the issuance of yen-denominated stablecoins as early as this fall, marking the first time the country will allow a domestic fiat-pegged digital currency.
Tokyo-based fintech firm JPYC will register as a money transfer business within the month and will lead the rollout, Japanese news outlet The Nihon Keizai Shimbun reported on Sunday.
