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ResolvedCrypto

Japanese Firms Turn to Bitcoin and XRP to Hedge Against Historic Yen Weakness

First Detected: Jul 8, 2026, 7:01 AM
Last Update: about 2 months ago
12 articles·3 stories

Event Summary

Japanese firms are increasingly adding Bitcoin and XRP to their balance sheets to hedge against the yen's 40-year lows, according to SBI VC Trade. Simultaneously, SoftBank Group entered a strategic partnership with AI startup Sierra to enhance customer support systems. On the regulatory front, Japan's parliament passed an amendment officially reclassifying cryptocurrency assets as 'financial assets' under national law.

Timeline

Japan Eyes 20% Crypto Tax and Bitcoin ETFs Following Legal Milestone
Jul 15, 2026, 8:30 AMImpact: 6
SoftBank Expands AI Portfolio via Strategic Partnership with Sierra
Jul 14, 2026, 4:15 AMImpact: 5
Japanese Firms Turn to Bitcoin and XRP to Hedge Against Historic Yen Weakness
Jul 8, 2026, 7:01 AMImpact: 6

Price Impact

Since event start
9984.T+6.75%
BTC+26.50%
XRP+27.26%