Metaplanet Goes Big On Bitcoin Amid Fresh $11.6 Million Buy

Japan-based Metaplanet has added more Bitcoin to its reserves this week, spending over $11 million to acquire 103 BTC. The company confirmed the move in a recent disclosure, stating the purchase was executed at an average price of $113,491 per coin. Total Holdings Near 19,000 BTC With this addition,...
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Philippine Congressman Proposes Bitcoin Reserve to Attack National Debt

A bill proposed in the Philippine Congress would create a government-run bitcoin (BTC )reserve that cannot be touched for two decades except to pay down the nation’s rising debt load, setting some of the strictest sovereign crypto storage rules yet. The proposed Strategic Bitcoin Reserve Act, introduced by Rep....
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Ethereum gaming network XAI sues Elon Musk’s AI company

Ethereum gaming firm Ex Populus is taking legal action against Elon Musk’s artificial intelligence company, xAI. The name similarity has allegedly caused widespread market confusion. The Ethereum (ETH)-based gaming network has filed a lawsuit against Elon Musk’s artificial intelligence company…...
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Bitcoin ETFs Coming To Japan? Regulator To Propose 20% Flat Crypto Gains Tax, ‘Financial Product’ Status: Report

Japan’s market regulator is preparing to propose a revision to the nation’s tax code, potentially opening the door for domestic cryptocurrency exchange-traded funds, according to a report dated Friday. Major Crypto Tax Reform On The Cards? The Financial Services Agency is planning to request a review of the tax treatment of cryptocurrencies, or virtual...
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