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.
Japan's parliament has reclassified cryptocurrencies as financial assets, moving them under formal financial regulations to enhance oversight and legitimacy.
Read the full storyThe Japanese conglomerate partners with AI startup Sierra to integrate generative AI into customer support systems and enhance operational efficiency.
SBI VC Trade reports rising corporate demand for BTC and XRP as Japanese firms seek alternatives to cash amid the yen's 40-year lows.