Japanese Pension Fund Turns to Crypto as Hedge Against Dollar Risk

Japanese Pension Fund Turns to Crypto as Hedge Against Dollar Risk

Japan’s National Business Corporate Pension Fund (Okayama City) has announced plans to allocate approximately 1% of its assets to cryptocurrency starting in fiscal year 2026. The move makes it the first domestic Japanese corporate pension fund to invest in digital assets — and frames the allocation not as a speculative bet, but as a currency diversification tool amid growing concerns over the US dollar’s reserve status. The fund manages approximately 21.3 billion yen ($140 million) on behalf of more than 20,000 members from around 1,200 small and medium-sized enterprises. Its…

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Trump-Backed WLFI Proposes Burning 4.5B Insider Tokens in Major Vesting Overhaul

Trump-Backed WLFI Proposes Burning 4.5B Insider Tokens in Major Vesting Overhaul

World Liberty Financial (WLFI), the crypto project backed by the Trump family, has put forward a governance proposal to unlock 62.3 billion WLFI tokens that were previously locked without any vesting schedule. Under the plan, early supporters holding 17 billion tokens will keep their full allocation but face a structured release period. Founders, team members, advisors, and partners holding 45.2 billion tokens will see 10% of their share permanently burned, with the remaining 40.7 billion released over five years. If passed, up to 4,523,858,565 WLFI tokens will be removed from…

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Japan’s Leading Shopping Platform Now Supports XRP Payments

Japan’s Leading Shopping Platform Now Supports XRP Payments

Starting April 15, 2026, Rakuten Wallet is adding XRP as both a listed asset and a payment method, allowing users to buy XRP with Rakuten Points and spend it at more than 5 million merchant locations across Japan. The integration marks the first time a third-party token has been embedded directly into Rakuten’s loyalty and payments infrastructure. It also connects XRP to one of Japan’s largest loyalty point systems, where more than 3 trillion points, worth roughly $23 billion, are currently in circulation. What Does the Rakuten and XRP Integration…

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New York Sues Coinbase and Gemini Over Prediction Markets

New York Sues Coinbase and Gemini Over Prediction Markets

New York Attorney General Letitia James has sued Coinbase and Gemini, alleging that their prediction market products constitute illegal gambling under state law. What New York is alleging against Coinbase and Gemini The lawsuit, filed by the New York Attorney General’s office, targets both major crypto exchanges over their event-based prediction market offerings. The state argues these products function as illegal gambling operations rather than legitimate financial instruments. Prediction markets allow users to place wagers on the outcome of real-world events, from election results to economic data releases. New York’s…

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Prediction markets should become hedging platforms, says Buterin

Prediction markets should become hedging platforms, says Buterin

Ethereum co-founder Vitalik Buterin said he is starting to “worry” about the direction of prediction markets and suggested that they shift to become marketplaces to hedge against price exposure risk for consumers. Prediction markets are “over-converging” to “unhealthy” products that are focused on short-term price betting and speculative behavior as opposed to long-term building, Buterin said in an X post. Instead, onchain prediction markets coupled with large-language models (LLMs) should become general hedging mechanisms to provide consumers with price stability for goods and services, Buterin said. He explained how this…

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OKX secures EU payment license to expand stablecoin services

OKX secures EU payment license to expand stablecoin services

Cryptocurrency exchange OKX expanded its regulatory footprint in Europe, securing a license for stablecoin payments. OKX has obtained a Payment Institution (PI) license in Malta, the company told Cointelegraph. The authorization is issued under the European Union’s payments framework and is designed to bring OKX’s payment products into line with requirements under the bloc’s Markets in Crypto-Assets Regulation (MiCA) and the Second Payment Services Directive (PSD2). Under these rules, crypto-asset service providers (CASPs) offering payment services involving stablecoins must hold either a PI or Electronic Money Institution (EMI) authorization. OKX’s…

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Strategy shares jump after MSCI pauses DATCO exclusion

Strategy shares jump after MSCI pauses DATCO exclusion

The company, previously known as MicroStrategy, defines a Digital Asset Treasury Company, or DATCO, as a firm whose digital asset holdings, such as Bitcoin, represent 50% or more of total assets on its balance sheet. The classification surged in popularity in 2025 as more public companies began incorporating Bitcoin, Ether, and other tokens into their treasury strategies, offering investors proxy exposure to crypto. Despite their appeal, the tokens remain volatile, and shares have reflected sharp swings. Accounting treatment is also unsettled, with analysts debating whether these firms should be valued…

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Coinbase Picks Chainlink for $7 Billion Crypto Bridging Project

Coinbase Picks Chainlink for $7 Billion Crypto Bridging Project

Cryptocurrency exchange Coinbase has launched a partnership with platform Chainlink. This collaboration will see Coinbase use Chainlink’s Cross-Chain Interoperability Protocol (CCIP) as the exclusive bridging solution for all Coinbase Wrapped Assets, allowing cross-chain transfers and expansion, the companies said in a news release Thursday (Dec. 11). Those assets, which include cbBTC, cbETH, cbDOGE, cbLTC, cbADA, and cbXRP, have an aggregate market cap of around $7 billion, according to the release. “Chainlink operates battle-tested infrastructure and has a track record of securing tens of billions of dollars,” the companies said. “Chainlink…

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Coinbase debuts new digital token‑offering platform

Coinbase debuts new digital token‑offering platform

Coinbase has launched a new crypto token sales platform that puts retail investors directly into early-stage deals, something Wall Street firms have long kept for themselves. The platform, revealed this week, allows individuals to buy new crypto tokens before they’re listed on the Coinbase exchange. According to Coinbase, this is the company’s latest attempt to grab more control of the crypto fundraising pipeline and pull retail buyers back into the game for the first time since 2018. Sales on the new platform will happen monthly, with one token launch per…

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Brazil regards stablecoins as forex operation in new stablecoin regime

Brazil regards stablecoins as forex operation in new stablecoin regime

Brazil’s central bank released on Monday, November 10, long-awaited rules for virtual assets that will affect how stablecoins are classified in a framework that extends the country’s existing anti-money-laundering, counter-terrorism, and consumer protection laws to virtual-asset service providers (VASPs) and foreign-exchange (Forex) operators. According to the central bank, any transaction that involves virtual assets pegged to fiat currencies will be treated as a foreign exchange operation. The same classification will apply to international payments or transfers made using virtual assets, including those carried out through cards or other electronic payment…

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