Bank of Japan raises interest rates by 25 basis points. Bitcoin rises against yen
The yen declined after the BOJ hiked rates to the highest level in 31 years.
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Summary
- BOJ hiked interest rates on Friday as expected.
- The yen dropped against the dollar and bitcoin following the rate hike.
- BTC’s dollar-denominated price held mostly steady.
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As stablecoins move into regulated finance, APAC is becoming a key proving ground. This report maps the region’s rules, use cases, and RLUSD’s role.
As stablecoins move into regulated finance, APAC is becoming a key proving ground. This report maps the region’s rules, use cases, and RLUSD’s role.
Why it matters:
As stablecoins move into regulated finance, APAC is becoming a key proving ground. This report maps the region’s rules, use cases, and RLUSD’s role.
