SBI VC Trade will launch the first stablecoin service in Japan

SBI VC Trade has become the first firm in Japan to receive regulatory approval to handle stablecoins. The exchange plans to start processing USDC transactions on March 12. According to a report by CoinDesk Japan, SBI Group’s crypto trading firm has become the first Japanese firm to gain approval for an “electronic payment instrument business operator” license. The firm is registered at the Kanto Regional Financial Bureau with registration number No. 00001. After receiving the license, SBI VC Trade plans to start facilitating transactions for Japanese customers through the Circle-issued stablecoin , USD Coin ( USDC ), on March 12. However, the firm noted that the stablecoin service will remain in the beta phase and distribution will be restricted to only a few customers within the group. Once the stablecoin service becomes available to the public, SBI VC Trade will be able to offer services that will enable individual and corporate customers to buy and sell as well as deposit and withdraw USDC. Because the stablecoin is pegged to the U.S. dollar, SBI VC Trade will need to stock up on U.S. dollars, securing an amount that is equal to or greater than the amount of USDC deposited by customers. You might also like: Circle CEO predicts stablecoins will play major role in Hong Kong trade CEO of SBI VC Trade, Tomohiko Kondo stated that Shinsei Trust Bank, a member of the SBI Group, will be responsible for the firm’s trust security. He said by the time of the beta launch, users will be able to see “USDC” displayed on the firm’s trading platforms. The stablecoin will be available to trade with spot trading pairs including BTC/USDC and ETH/USDC pairs. Leveraged trading with USDC is also expected to be included on the trading platform. “We will first check the business flow. We want to launch it in earnest as soon as possible,” he said in a translated statement. At press time, SBI VC Trade is the only Japanese firm that holds all three operating licenses: a cryptocurrency exchange business license, the financial instruments business type 1 license, and theelectronic payment instruments trading business license. Last February, the Japanese Financial Services Agency approved a report which included a reform that would allow for stablecoins to be backed by short-term government bonds and fixed-term deposits in addition to demand deposits. In addition, the proposal also recommended an upper limit of 50% on the bonds and deposits that can be used as collateral for stabelcoins. Read more: Japan’s FSA approves reforms to ease stablecoin and brokerage regulations

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Economist Torches UK’s Digital Pound: ‘Ill-Fated Venture’ Doomed to Fail

Economist Neil Record has criticized the UK’s digital pound initiative, calling it an “ill-fated venture” due to a lack of customer demand. Cash Use Decline British businessman and economist Neil Record has described the United Kingdom’s digital pound initiative as an “ill-fated venture” due to a lack of customer demand. Record argues that the digital

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XRP, SOL, and ADA Caught in Controversial Reserve Plan Sparking Division in Crypto Community

On March 4th, COINOTAG News reported an analysis by QCP Capital, which highlighted the unexpected inclusion of XRP, SOL, and ADA tokens in a new reserve plan, stirring controversy within

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XRP: 60% Surge Behind Scenes Is Bizarre

XRP's background performance does not synchronize well with its market movements

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Bybit Joins Industry Leaders to Advance SME Cross-Border Payments at Inclusive FinTech Forum

DUBAI, UAE, March 4, 2025 /PRNewswire/ – Bybit , the world’s second-largest cryptocurrency exchange by trading volume, was represented at the Inclusive FinTech Forum , the global platform for financial inclusion and fintech for good. Chief Legal & Compliance Officer Robert MacDonald joined leading industry figures as a featured speaker in the “Driving Inclusive Access for SME Cross-Border Currency Flows” roundtable, held at the Kigali International Financial Centre (KIFC). The session explored how small and medium-sized enterprises (SMEs) can better leverage cross-border business opportunities in Africa and beyond while managing financial risks such as currency fluctuations, liquidity constraints, and payment security. Robert was joined by an esteemed panel of speakers, including representatives from the South African Reserve Bank, Bank of Ghana, I&M Bank Rwanda, NALA, Liquid Group, and the Africa Fintech Network. Moderated by Valence Kimenyi, Director of Financial Sector Development and Inclusion at the National Bank of Rwanda. The discussion highlighted the latest innovations in digital payments, regulatory frameworks, and financial tools designed to enhance SME growth and economic inclusion. Robert MacDonald emphasized the importance of regulatory clarity and industry collaboration in supporting SME expansion: “SMEs are the backbone of economic growth, making up approx. 90% of businesses in Rwanda, yet many still face significant hurdles in accessing reliable, efficient access to financial products and cross-border payment solutions. By working together – regulators, fintech providers, and financial institutions – we can create a more inclusive financial ecosystem that fosters secure, seamless international transactions while ensuring compliance and risk mitigation.” The Inclusive FinTech Forum is a unique collaboration between Kigali International Financial Centre, the National Bank of Rwanda, and the Global Finance & Technology Network (GFTN), a not-for-profit organization established by the Monetary Authority of Singapore (MAS). The forum brings together global leaders, investors, and fintech innovators to advance policies, regulations, and partnerships that drive financial inclusion and digital transformation. Bybit’s participation in the roundtable reinforces its commitment to enhancing financial accessibility and shaping the future of digital assets and cross-border payments. #Bybit / #TheCryptoArk/ #IFF2025 About Bybit Bybit is the world’s second-largest cryptocurrency exchange by trading volume, serving a global community of over 60 million users. Founded in 2018, Bybit is redefining openness in the decentralized world by creating a simpler, open and equal ecosystem for everyone. With a strong focus on Web3, Bybit partners strategically with leading blockchain protocols to provide robust infrastructure and drive on-chain innovation. Renowned for its secure custody, diverse marketplaces, intuitive user experience, and advanced blockchain tools, Bybit bridges the gap between TradFi and DeFi, empowering builders, creators, and enthusiasts to unlock the full potential of Web3. Discover the future of decentralized finance at Bybit.com. For more details about Bybit, please visit Bybit Press For media inquiries, please contact: media@bybit.com For updates, please follow: Bybit’s Communities and Social Media Discord | Facebook | Instagram | LinkedIn | Reddit | Telegram | TikTok | X | Youtube

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SUI, PEPE, And FXGuys ($FXG) Are Considered The Best Crypto Bets Of The Year To Turn $100 Into $10,000

Buckle up for the crypto thrill ride of 2025; SUI, PEPE, and FXGuys ($FXG) are slugging it out as the year’s best crypto bets to turn your $100 into a mind-blowing $10,000! Sui is unleashing a colossal $175 million worth of token unlock, rocking the DeFi scene, while PEPE’s rising Open Interest hints at a rebound after a period of struggle, which has brought some relief for its investors. Then there’s FXGuys, a presale cryptocurrency storming the crypto trading arena with next-level perks and 100x ROI potential. All three show bullish signs. But the main question is, which of these can help you turn $100 into $10,000 in 2025? We’ve got the answer here. Read on! >>>JOIN FXGUYS HERE Sui’s $175 Million Token Unlock Headlines Massive Crypto Wave Sui is poised to make waves in the cryptocurrency market this week with a massive token unlock worth $175 million, as reported by Tokenomist. Accounting for 2% of its total supply, SUI’s cliff release is the largest in a $296 million worth of unlock schedule this week across various projects. Currently, 30.7% of SUI’s total token supply has been unlocked, amplifying anticipation around this event. While Solana leads linear unlocks at $10.56 million daily, SUI’s singular unlock dwarfs other cliff releases, such as Optimism (OP) at $34.44 million and Ethena (ENA) at $20 million. Despite token unlocking news, SUI’s price has declined by over 11% to $2.75 over the past week. Also, its trading volume soared by 121% on February 25, 2025, reaching $2.21 billion. The scale of SUI’s token unlock has drawn significant attention, given its potential to influence market trends. While SUI is one of the best crypto bets, a new DeFi powerhouse, FXGuys, is gaining more momentum. It grants investors a more strategic way to grow their $100 investment to over $10,000. PEPE Eyes a Rebound as Open Interest Surges: One of the Best Crypto Bets? PEPE’s price has dipped 17% over the past week to $0.0000077 as of February 25, 2025, amid a broader crypto slump. Interestingly, a spike in PEPE’s Open Interest has sparked hope for a turnaround. PEPE’s OI recently surged from $239 million to $273 million in a day. Open interest, tracking active buy and sell orders, often signals volatility, hinting at a hefty price swing ahead. On-chain data shows short-term holders selling at a 41% loss, a trend that historically sets the stage for long-term buyers to step in. In September 2024, a similar dip led to a 1,600% token price rally. Analysts see a potential bounce toward higher resistance zones with the price stabilizing near the key Point of Control level. As Bitcoin steadies above $91,000 , Pepe’s next move could hinge on bullish sentiment overtaking the market’s recent pessimism, possibly igniting a rally in the months ahead. Therefore, PEPE remains one of the best crypto bets. FXGuys: A Top Crypto Trading Pick to Turn $100 into $10,000 FXGuys solves traders' crypto trading struggles, such as high transactional fees, slow withdrawals, and invasive KYC demands. A highly qualified group of traders has engineered the FX Guys platform that brushes aside these hassles, positioning it as a strong competitor to Sui and Pepe. With instant fiat or crypto deposits, speedy payouts, and a no-KYC approach for privacy, FXGuys delivers a trading haven. FXGuys removes buy-and-sell taxes and ties all fees to $FXG, ensuring ongoing demand and utility. The Trade2Earn program gives FXGuys a unique edge. You can earn $FXG tokens on every trade, regardless of the outcome. While PEPE rides hype waves and Sui grows its ecosystem, FXGuys incentivizes action. Those tokens can reduce fees, unlock challenges, or be staked for a 20% APY—practical perks that stand out. Experts believe FXGuys is one of the best crypto bets in 2025. The Trader Funding Program adds more firepower: Pass the evaluations and trade risk-free with up to $500,000 in trading capital. Additionally, the FXGuys BETA trading platform is live, offering early access and rewards that SUI and PEPE can’t yet rival. >>>JOIN FXGUYS HERE The $FXG Presale Token Boasts 100x Potential While Sui advances its blockchain and PEPE fuels meme coin mania, FXGuys ($FXG) emerges as a presale token with the power to turn $100 into $10,000. Now priced at $0.05 in Stage 3 of the public presale, $FXG has raised $4.4 million. SUI’s steady climb and PEPE’s wild swings make waves, but $FXG’s launch price of $0.10 secures a 100% gain for Stage 3 investors. With Stage 4 approaching and excitement building, $FXG is primed for a 100x surge after its launch, potentially eclipsing SUI’s DeFi promise and PEPE’s speculative buzz. $FXG is one of the best crypto bets in 2025. Don’t miss out—join now! To find out more about FXGuys, follow the links below: Presale | Website | Whitepaper | Socials | Audit Disclaimer: This is a sponsored article and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.

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Metaplanet Secures $87 Million to Boost Bitcoin Holdings and Enhance Digital Asset Strategy

On March 4th, COINOTAG News reported that the Japanese publicly traded firm Metaplanet successfully completed a significant exercise of the 13th and 14th series stock subscription rights through a third-party

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South Korea firms brace themselves as U.S. tariff threats linger

South Korean firms with businesses in Canada and Mexico revealed that they are bracing for U.S. President Donald Trump’s tariff threats. The President plans to impose tariffs on goods from the two neighboring countries starting this week. Trump announced on Monday that his administration will start imposing 25% tariffs on Canadian and Mexican goods on March 4. The President also pointed out that the two countries could not delay the planned duties. South Korean companies brace for Trump’s tariff threats "Korean businesses on alert over likely fallout from imminent US tariffs on Canada, Mexico" Worth noting that KIA, Samsung, Posco, LG, etc all have manufacturing lines in both of these countries https://t.co/gvsP1sNS6J — Kimchi Premium (@kimchipump) March 4, 2025 South Korean groups, along with businesses in Canada and Mexico, are readying for Trump’s plan to impose tariffs on goods from the two countries starting today. Seoul’s foreign ministry tallied South Korea’s bilateral trade with Canada and Mexico in 2023 at $14.62 billion and $19.8 billion, respectively. The country’s CXO Institute also revealed local corporate data that showed 25 Korean conglomerates had operated a combined 201 subsidiaries in the two states as of the end of 2024. 110 subsidiaries of the total entities are located in Canada and 91 in Mexico. Samsung Group leads with 50 entities in Canada and 18 in Mexico. Hyundai Motor Group follows with 16 and 12 subsidiaries in Mexico and Canada, respectively. The analytic firm also noted that Mexico has served as an ideal export hub for targeting the North American market due to its low labor costs. The country benefits from the U.S.-Mexico-Canada Free trade agreement (USMCA), which is also threatened by the looming tariff threats. South Korea also ranked 11th in foreign direct investments made in Mexico in 2023. The local corporate report also noted that Samsung Electronics Co. operates a home appliance factory in Queretaro and a TV factory in Tijuana. LG Electronics also runs production facilities in Monterrey, Reynosa, and Ramosa Arizpe. Automotive manufacturer Kia Corp. also operates a production plant in Mexico that produces 250,000 vehicles annually in Monterey. The analytic farm revealed that nearly 150,000 of produced units get exported to the U.S. “It will not be easy for the companies to move their plants to the U.S. in a short period of time to avoid higher tariffs. They need to increase production in their U.S. plants or diversify markets.” ~ Korea CXO Institute official The local corporate data firm added that the situation worsened with Trump’s intention to impose separate sectoral tariffs on automobiles and semiconductors starting in April. The firm believes the sectoral tariffs will further burden Samsung Electronics and Hyundai Motor Group with duties in their U.S. businesses. Jose Munoz, Hyundai Motor’s former U.S. chief said in a letter to shareholders earlier last month that they were having dialogue with the new U.S. administration “to reinforce our significant investments, job creation and economic impact.” The country’s exports depreciated growth momentum in February as demand for semiconductors weakened and officials scrambled to engage the U.S. in hopes of averting a hit from Donald Trump’s tariff campaign. An official at Kia’s Mexican unit revealed to Yonhap News Agency that the firm “plans to respond by aligning with the policies of both the U.S. and Mexican governments to minimize risks.” South Korea’s acting president calls for unity to respond to U.S. trade war Seoul’s Industry Minister Ahn Duk-geun asked the U.S. during his recent visit to Washington to exclude South Korea from its new tariff plans. He made the suggestion while discussing expanding bilateral cooperation in various fields. Duk-guen also met with U.S. Secretary Howard Lutnick, U.S. Trade Representative Jamieson Greer, U.S. Secretary of Interior and National Energy Dominance Council Chairman Doug Burgum and other officials in Washington last week. Seoul cemented its position to the U.S. that it aims to secure tariff exemptions first and foremost. The country hopes to at least ensure that Korea is not put at a disadvantage compared with other countries if it is unable to secure tariff exemptions. Choi Sang-mok, South Korea’s acting President, announced on Tuesday that the government, parliament and the private sector should be united to respond to the U.S. “trade war.” South Korea’s President and the United States had agreed during a cabinet meeting to form a consultative group to discuss tariff measures and cooperation on shipbuilding. Cryptopolitan Academy: Coming Soon - A New Way to Earn Passive Income with DeFi in 2025. Learn More

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Here’s How Trump’s Crypto Insider Whale Netted $81M in Profits in 2 Days

The cryptocurrency market is home to volatility and uncertainty. Various macroeconomic events, whales’ involvement, or promotions could change everything. A deep understanding of the market and trading skills could yield significant returns, but sometimes, insiders can be the ones to do it. One alleged Donald Trump crypto-insider whale netted $81M in profits within two days. How? Let’s discuss this. Crypto Whales Earn Big With Donald Trump’s Influence Donald Trump has become among the most influential factors in the crypto market, and his actions could cause it to rise or crash. Recently, the crypto market witnessed a major pump when Trump announced the U.S. Strategic Crypto Reserve. However, the crypto market crashed soon after the tariff plan on Mexico and Canada went live. Amid these fluctuations, billions were liquidated, but this alleged insider crypto whale earned big, making $81M in unrealized profits. This must have happened because the whale’s prediction about the market came true. However, the intensity of the profits left everyone stunned, leading to accusations of an insider. How Did This Crypto Whale Make $81M? According to Lookonchain X post and other analytics platforms, a crypto trader with the wallet address “0xedd31c2541A9cE596419879B1A46Ffc7cD262c62” made $81M by capitalizing on the significant market movement. The whale short on the Ethereum with 50x leverage made impeccable returns, with the Ethereum price dropping. With a strong leverage play with ETH perpetual contracts, locking nearly $99.8M in positions, the whale has earned $81M in unrealized profits. Although the trader has closed some shorts, many are still open, leaving the possibility for further gains or losses, depending on ETH’s performance. Market Implications & Ethereum Price Drop Ethereum’s struggle began with the broader market correction at the beginning of the year. Since then, the Ethereum price has crashed 57% from its ATH of $4,891.70, risking a further crash with Donald Trump’s tariff implementation on Mexico and Canada. With an 11% drop in the last 24 hours, ETH currently trades at $2,094.21 after hitting the bottom at $2036. The whale above also significantly contributed to this downtrend. Analysts await a recovery, but the short-term bearish trend will likely continue. Bottom Line The crypto market’s downtrend is increasing digital assets’ struggle. Amid such an adverse market, Donald Trump’s insider crypto whale’s $81M profit surprised many. However, such profits aren’t common and would require many favorable factors. Experts suspect insider trading when considering the whale’s win despite major macroeconomic events. Regardless of the situation, the trader is bearing massive profits with the Ethereum price crash. Investors now await a recovery, while many fear a further downtrend. The post Here’s How Trump’s Crypto Insider Whale Netted $81M in Profits in 2 Days appeared first on CoinGape .

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XRP Price Prediction: Can XRP Finally Flip Its Biggest Competitor, or Is It Stuck?

XRP price predictions have people asking: Will it finally surpass the competition, or is it stuck where it is? Some think XRP will hit $20 by 2025; others, not so much. Legal battles and market fluctuations make it uncertain, but the hype hasn’t died. At the same time, Dawgz AI is getting a lot of attention as a new crypto with big potential. New projects are shaking up the market, making it harder for XRP to stay on top. So, what’s next for XRP, and is it still worth watching? Let’s get into it. XRP Price Prediction 2025: What Can Investors Expect? XRP’s average price in 2025 will go up and down, but overall, it’s showing growth. Some months will be exciting gains; others will be slower. Let’s take a look at the numbers. Month Min Price Avg Price Max Price Potential ROI March $2.66 $2.74 $2.85 5.62% April $2.88 $3.77 $4.45 64.83% May $3.14 $3.72 $4.25 57.40% June $2.85 $3.11 $3.43 27.05% July $2.78 $2.92 $3.07 13.78% August $3.02 $3.47 $3.76 39.27% September $3.29 $3.47 $3.84 42.09% October $3.44 $3.52 $3.62 33.94% November $3.31 $3.53 $3.73 38.28% December $3.13 $3.21 $3.36 24.58% The year starts slow; March doesn’t move much. But April is hot, with a high of $4.45 and a return of 64.83%. May looks good too, and then June and July might slow down a bit where gains are smaller. In August and September, XRP will climb again to around $3.84 by September. The last 3 months of the year will be steady in the $3 range, so XRP will end the year in a good position but not with big spikes. Is XRP a Good Investment for 2025? If the predictions are correct, April and May are the best months for big jumps. But XRP is a volatile asset, and legal issues or market trends can change its path at any time. Investors should stay updated and be ready for surprises. XRP Price Prediction 2030: A Look Into the Future By 2030, XRP will grow steadily between $5.03 and $6.08. That’s a big jump from where it is now; long-term investors will see big returns. If the predictions are correct, XRP will give a 124% return of investment, not bad for those who will hold on. Month Min Price Avg Price Max Price Potential ROI January $5.56 $5.76 $6.01 121.60% February $5.58 $5.87 $6.07 123.88% March $5.81 $5.93 $6.08 124.01% April $5.57 $5.80 $6.00 121.17% May $5.17 $5.30 $5.61 106.76% June $5.03 $5.10 $5.20 91.61% July $5.03 $5.10 $5.17 90.55% August $5.06 $5.11 $5.16 90.25% September $5.06 $5.18 $5.37 98.19% October $5.29 $5.33 $5.42 99.86% November $5.10 $5.19 $5.37 97.95% December $5.08 $5.13 $5.18 90.97% Looking at the numbers, XRP is going to start strong this year, with January, February, and March being the highest-gain months. March will be the peak at $6.08 so keep an eye on that. After that, prices will settle in the $5.10 - $5.40 range with some up and downs. XRP Price Prediction 2040: Can It Still Hold Its Value? By 2040, XRP will see massive growth compared to its earlier years. Predictions say prices will be between $15.16 and $26.71, with a 900% ROI in the best-case scenario. XRP will be a high-value asset for long-term holders, but let’s break down the numbers to see what the future looks like. Month Min Price Avg Price Max Price Potential ROI January $15.59 $15.80 $16.09 493.71% February $15.65 $15.93 $16.34 502.92% March $16.03 $16.24 $16.61 512.74% April $15.54 $15.76 $16.21 497.98% May $15.60 $15.70 $15.78 482.14% June $15.16 $15.46 $15.58 474.97% July $15.20 $15.87 $16.33 502.77% August $15.73 $15.99 $16.19 497.37% September $15.73 $15.97 $16.30 501.37% October $15.60 $15.74 $15.85 484.83% November $15.85 $20.42 $26.97 895.05% December $24.05 $25.38 $26.71 885.58% For most of 2040, XRP will be trading between $15 and $16, with steady but not crazy gains. The big move happens in November and December, when XRP could go wild and hit $26.71. If that happens, long-term holders of XRP will see nearly 900% returns. What Could Drive XRP’s Growth? This kind of price increase could happen if XRP becomes a major player in global finance and banking systems. If adoption grows and institutions continue to use XRP for transactions, the demand will push the price up. 2040 is looking like a big year for XRP, but will it actually hit these numbers? That’s up to the market over the next 20 years. XRP Price Prediction 2050: Could It Become One of the Biggest Cryptos? Looking ahead to 2050 XRP’s price predictions are showing some crazy gains compared to where it is today. Forecasts have XRP trading between $71.75 and $86.70, so early investors will see over 3,000% returns if these predictions come true. Month Min Price Avg Price Max Price Potential ROI January $79.35 $82.04 $86.64 3,097.71% February $81.35 $83.66 $85.46 3,053.97% March $82.31 $84.90 $86.70 3,099.67% April $74.05 $80.75 $84.16 3,005.89% May $72.58 $74.21 $74.91 2,664.65% June $71.75 $72.25 $73.21 2,602.00% July $71.93 $73.13 $73.75 2,621.68% August $72.19 $72.68 $73.63 2,617.36% September $72.35 $75.36 $77.35 2,754.66% October $73.13 $75.54 $76.61 2,727.32% November $72.81 $73.71 $74.23 2,639.72% December $72.53 $72.87 $73.82 2,624.53% What Does This Mean for XRP? By 2050, XRP could be a high-value coin and reach over $80 per coin in the best months. The most impressive part of these predictions is the 3,000% return. An investment today could become life-changing in the long run. But a lot can happen between now and 2050. Crypto is unpredictable, and XRP will need to stay relevant and compete with new blockchains. Can Dawgz AI Outperform XRP? XRP has been around for years, but new projects are stirring up the market. One of the hottest names right now is Dawgz AI - a meme coin that’s more than just noise. It combines AI with crypto, making it a new and exciting option in an ever-changing space. XRP relies on banks and institutions, and Dawgz AI is for the future , with a fast-growing community behind it. With early momentum on its side, some think it will outshine XRP in the long run. Which Crypto Will Hit $1? If you’re looking for the next crypto to hit $1 Dawgz AI is a top candidate. This project is gaining serious traction with a strong community and real utility. Unlike meme coins that are just noise, Dawgz AI blends AI technology with crypto innovation, making it one of the most interesting coins to watch. Many see it as the best AI crypto in the market with massive growth potential. With its current momentum, $1 isn’t just possible - it’s likely sooner than you think. Bottom Line Looking at all XRP price predictions, it’s clear that XRP still has growth, but the road ahead isn’t easy. While the forecasts show it’s going to climb over the years, the competition in crypto is fiercer than ever. Newer projects like Dawgz AI are gaining fast and offering new innovations that can disrupt the market. For investors weighing their options, keeping an eye on both XRP crypto price prediction and rising stars like Dawgz AI might be the smart move. The future of crypto is always changing, and the biggest winners will be those who adapt early. Disclaimer: This is a sponsored article and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.

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