Dossier
Financial Services Agency
Coverage of Financial Services Agency in the Nexus archive.
- Japan Bitbank Launches Crypto Card That Settles Bills in Bitcoin
Japan's Bitbank has launched a Bitcoin settlement credit card offering 0.5% crypto cashback, marking the first licensed Japanese exchange product to integrate BTC payments with traditional credit functionality. The card allows users to settle bills directly in Bitcoin held on their Bitbank exchange account, targeting retail users with existing crypto holdings.
- Daiwa to Buy Orix Bank for $2.3 Billion in Lending Expansion
Daiwa is acquiring Orix Bank for $2.3 billion to expand its lending operations. The Bank of Japan and Financial Services Agency are also reviewing challenges related to transitioning from Libor-linked contracts.