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Tokyo’s Monex Considers Launching Domestic Yen Stablecoin
Crypto Trends

Tokyo’s Monex Considers Launching Domestic Yen Stablecoin

by admin August 26, 2025



Tokyo-based publicly traded financial services company Monex Group is considering a Japanese yen-pegged stablecoin.

According to a Tuesday TV Tokyo report, Monex Group Chairman Oki Matsumoto told the outlet that the company is considering issuing a yen-pegged stablecoin in Japan.

“Issuing stablecoins requires significant infrastructure and capital, but if we don’t handle them, we’ll be left behind,” Masumoto said. He concluded:

“We will respond properly.”Oki Matsumoto. Source: Wikidata

Related: Japan’s finance Minister endorses crypto as portfolio diversifier

Monex’s upcoming stablecoin

Monex Group’s stablecoin, should it issue one, would be backed by assets such as Japanese government bonds. Like many other stablecoins, it would be redeemable 1:1 with yen and is expected to be used for purposes such as international remittances and corporate settlements.

The company plans to leverage its ownership of local crypto exchange Coincheck and its Monex securities brokerage to expand the initiative. Matsumoto further revealed that Monex is considering acquiring European crypto-related companies, hinting at a possible announcement “within a few days.”

Final negotiations for the acquisition of candidate European crypto companies are reportedly underway. This would further expand the Monex Group’s Western presence, following the public debut of Coincheck Group, Coincheck’s parent company, on the Nasdaq stock exchange at the end of last year.

Related: Japan’s ‘slow’ approval culture stifles crypto adoption: Expert

Japanese stablecoins are within arm’s reach

The news follows recent reports that Japan’s Financial Services Agency (FSA) is preparing to approve the issuance of Japanese yen-denominated stablecoins as early as this fall. This would be the first time the country has allowed a domestic fiat-pegged digital currency.

This follows Circle’s USD Coin (USDC), a US dollar-pegged stablecoin, being approved for use within Japan in late March. The report followed a cryptocurrency subsidiary of the Japanese financial conglomerate SBI developing support for USDC just as local stablecoin rules began softening.

The changes in the local stablecoin ecosystem started after Japan lifted the ban on foreign stablecoins in 2023. In February of this year, the FSA approved a report from a working group recommending policy changes that ease stablecoin-related regulations.

Magazine: Stablecoins in Japan and China, India mulls crypto tax changes: Asia Express



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GameFi Guides

Trump’s Drone Deregulation Raises Fears of Domestic Terror Strikes

by admin June 14, 2025



In brief

  • President Trump signed executive orders easing commercial drone regulations, prompting concerns from security experts about potential misuse.
  • Experts warn that expanded drone access could increase risks of surveillance, terrorism, and swarm-style attacks on U.S. infrastructure.
  • The Ukraine conflict illustrates how inexpensive drones can be weaponized, raising alarms about similar tactics being used against the U.S.

Earlier this month, President Donald Trump signed a sweeping set of executive orders aimed at deregulating commercial drones, flying cars, and supersonic jets—on a promise of “restoring America’s airspace sovereignty.”

But as the skies open to innovation, national security experts are sounding alarms: the drone revolution is already being weaponized.

From warzones in Iran and Ukraine to insurgent strikes in Africa and the Middle East, commercial drones are no longer just tools of progress—they’re now low-cost, highly effective weapons of war. The White House may see economic opportunity, but critics warn the U.S. is easing restrictions just as the world enters an era of autonomous aerial combat, where $300 drones can disable million-dollar aircraft and swarm attacks can overwhelm critical infrastructure. And worse.

Critics warn the new policies could accelerate a global arms race in autonomous aerial warfare—one already playing out with deadly effect around the world.

Drone attacks by terrorists and insurgent groups are on the rise:

  • In January 2024, Iraq’s Islamic Resistance group attacked a U.S. outpost in Jordan.
  • In May, RSF, an insurgent group in the Sudanese civil war, used drones to attack the airport in Sudan.
  • The same month, a boat carrying the “Gaza Freedom Coalition” was struck twice by drones off the coast of Malta, starting a fire.



Ukraine, which spent over $11 million in cryptocurrency donations on drones, used that technology in an audacious sneak attack on June 1 when it launched Operation Spider Web, a coordinated drone strike targeting Russian airbases in Murmansk, Irkutsk, Ryazan, Ivanovo, and Amur.

Ukrainian forces used 117 modified commercial quadcopters—four-bladed aerial drones smuggled in freight trucks—and guided them using artificial intelligence and first-person view systems. The drones struck high-value aircraft, causing significant damage and highlighting the strategic potential of low-cost drone warfare.

On Thursday, Israel launched a preemptive strike against Iran in what was called Operation Rising Lion. In its arsenal were drones smuggled into the country by Mossad, Israel’s national intelligence agency. In fact, Mossad agents reportedly set up a drone base near Tehran, Iran’s capital, right under the noses of its Republican Guard. The drones struck surface-to-surface missile launchers aimed at Israel.

These real-world examples have U.S. officials and experts increasingly alarmed.

“National security leaders at the Department of Defense and Department of Homeland Security have raised concerns about the potential for Ukraine-style ‘Spiderweb’ swarm attacks on U.S. soil—low-cost, high-impact assaults targeting critical infrastructure like ports, refineries, and data centers,” Eric Brock, CEO of Ondas Holdings, an autonomous drone and counter UAV developer told Decrypt. “Public venues, such as stadiums and amusement parks, are also increasingly vulnerable; yet, many local agencies lack the necessary tools or legal authority to respond effectively.”

The co-chair of the Commercial Drone Alliance, who worked with the White House on crafting the drone executive order, Brock said the executive orders expanded flight-restricted zones, improved interagency coordination, and established a national drone training center—steps he said helped close key regulatory gaps. He added that the resulting clarity encouraged investment in drone safety infrastructure and enabled local agencies to adopt counter-UAS technologies with greater confidence.

While drones deliver crucial benefits, such as disaster relief, precision farming, and rapid medical transport, they also pose emerging risks.

“With increased deployment must come increased responsibility,” Brock said. “With proactive public policy and proven technology, we can build a safer, more resilient airspace while unlocking the full economic and societal potential of the drone era.”

“There are always questions and concerns around drone use, partly because of how they’re perceived,” Grant Jordan, CEO of drone detection company SkySafe, told Decrypt. “When an average person sees a drone in the air, the biggest concern is not knowing its purpose or who’s operating it. They’re remote, unlike traditional aircraft like helicopters, where it’s clear at a glance that it’s a police helicopter.”

While Airspace Link was one of the developers consulted by the White House on the drone executive order, CEO Michael Healander declined to comment on whether recent events like Ukraine’s Operation Spiderweb were a part of the conversation.

“What I can say is that the executive orders clearly reflect an understanding that drone technology is transforming both commercial operations and modern conflict,” he said.

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