Blockchain
Japan’s Active Crypto Trading Population Expected to Hit 500,000 in 2024
According to a study by Bitget, Japan’s cryptocurrency use is expected to remain among the highest in the world, with the number of daily crypto traders projected to rise from 350,000 to around 500,000 by the end of this year. This places Japan’s crypto market size between those of Turkey and Indonesia and about two-thirds the size of South Korea’s market. This strong adoption can be attributed to Japan’s progressive regulations, which have fostered the industry’s growth.
The introduction of new regulations focused on compliance, along with the launch of cryptocurrency ETFs in the US, is anticipated to further boost Japan’s crypto market. This is expected to increase involvement from both institutional and retail investors. Gracy Chen, CEO of Bitget, remarked that Japan’s high awareness of crypto creates a dynamic and rapidly evolving landscape, making it a prime area for new technologies and widespread use.
Japan’s Crypto Market Prioritizes Established Coins
The study indicates that Japanese users will continue to show strong interest in local blockchain projects, particularly in gaming. There is also expected to be increased involvement with NFTs and blockchain task platforms. Significant capital investment is anticipated for one or two blockchain game projects in Japan, potentially establishing them as key players in the global crypto market. Additionally, wallets with transaction aggregation and NFT trading functionalities are likely to gain popularity among Japanese users.
Japanese crypto enthusiasts not only show excitement about the space but are also actively trading, with a preference for established, large-cap coins like Bitcoin and Ethereum, which have been approved by Japan’s Financial Services Agency (FSA). This focus on well-known tokens is likely due to regulations limiting leverage on riskier derivative products.
Unique Aspects of Japan’s Crypto Market
Japan’s crypto market is characterized by active use of popular decentralized exchanges (DEX) like Uniswap and PancakeSwap, as well as a strong preference for local centralized exchanges. For crypto wallets, Metamask leads in popularity, followed by Bitget Wallet, Phantom, Trust Wallet, and Coinbase Wallet.
Japan has a significant history with cryptocurrency, marked by both innovation and setbacks. In 2014, the major exchange Mt. Gox suffered a hack that resulted in significant Bitcoin losses for investors, leading to years of legal wrangling. Recently, Mt. Gox began repaying its creditors, offering hope for those affected.
In a notable development, Japanese tech giant Sony Group entered the crypto market last week by acquiring the crypto firm Amber Japan. This move could substantially impact the gaming industry, allowing players to trade cryptocurrencies securely across various platforms and games.
Source: cryptonews.com
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Blockchain
Blocks & Headlines: Today in Blockchain – January 30, 2025 (Dogecoin, U.S. Army, DeepSeek, Web3)
Introduction
The blockchain and cryptocurrency industry continues to evolve, with major advancements in institutional adoption, regulatory modernization, and innovative applications. Today’s roundup covers Dogecoin’s new blockchain strategy, the U.S. Army’s use of blockchain for tracking aid, notable blockchain startups, domain challenges for Web3 companies, the first AI blockchain agent, and Luxembourg’s legal updates for custody chains. Let’s break down the biggest headlines shaping the future of blockchain technology and decentralized finance.
Dogecoin Unveils Strategic Blockchain Movement
Expanding Beyond a Meme Coin
Dogecoin, often viewed as a lighthearted cryptocurrency, is making serious strides toward blockchain utility with a new strategic initiative aimed at expanding its use case beyond simple transactions. The Dogecoin Foundation has announced plans to integrate layer-2 solutions, smart contracts, and interoperability features, potentially positioning DOGE as a serious competitor in the decentralized finance (DeFi) space.
This move signals a shift in the perception of Dogecoin, which has long relied on community-driven momentum. With the new strategy, DOGE could become an integral part of the growing Web3 ecosystem.
Source: Crypto Briefing
U.S. Army Utilizes Blockchain for Aid Tracking in Ukraine
Military Adopts Emerging Tech for Transparency
The U.S. Army is leveraging blockchain, big data, and generative AI to track billions of dollars in aid sent to Ukraine. This marks a significant step in blockchain’s adoption by governments and defense agencies to enhance transparency and prevent fraud.
By using blockchain for immutable record-keeping, military officials aim to improve logistics tracking, reduce inefficiencies, and ensure secure auditing of aid distribution. This could set a precedent for future government adoption of blockchain-based verification systems.
Source: Breaking Defense
10 Blockchain Startups to Watch in 2025
Innovation Driving the Next Wave of Web3
A new report highlights ten emerging blockchain startups poised to disrupt industries from finance to supply chain management. These companies are working on scalable smart contracts, decentralized identity solutions, and improved cross-chain interoperability.
Among the standout names are startups focusing on privacy-preserving transactions, institutional DeFi tools, and real-world asset tokenization, reinforcing blockchain’s growing role in mainstream finance and enterprise adoption.
Source: Yahoo Finance
Web3 Companies Struggle with Domain Name Challenges
Decentralization vs. Traditional Domain Ownership
As blockchain companies push forward with Web3 adoption, many are encountering significant hurdles in securing relevant domain names. Unlike traditional domains governed by ICANN, blockchain-native domains such as .crypto and .eth exist outside standard regulatory frameworks, leading to disputes and accessibility issues.
Industry experts are calling for greater collaboration between blockchain projects and domain registrars to ensure seamless Web3 adoption while maintaining online accessibility for users.
Source: Domain Name Wire
Klaus Agent Becomes the First Blockchain AI to Use Custom DeepSeek Model
AI and Blockchain Converge
The Klaus Agent, an AI-powered blockchain agent, has integrated the DeepSeek AI model to enhance decision-making, smart contract automation, and decentralized application (dApp) intelligence. This innovation represents a major step in merging artificial intelligence with blockchain networks, allowing for more sophisticated automation in DeFi, NFT trading, and DAO governance.
As AI and blockchain continue to converge, the potential for autonomous smart contract execution and predictive analytics is expected to grow, leading to more efficient decentralized systems.
Source: GlobeNewswire
Luxembourg Modernizes Custody Chain Laws for Blockchain
A Legal Framework for Tokenized Assets
Luxembourg, a key financial hub in Europe, has updated its custody chain regulations to accommodate blockchain-based assets. These changes are designed to facilitate institutional adoption of tokenized securities and digital asset custody solutions.
By providing a clear regulatory framework, Luxembourg aims to attract fintech firms, investment funds, and digital asset custodians, further strengthening its position as a leader in blockchain finance.
Source: National Law Review
Conclusion
The latest blockchain developments underscore the rapid evolution of the industry, from Dogecoin’s strategic shift to military adoption of blockchain for transparency. As AI and blockchain begin to merge, and governments refine regulations, we are witnessing a pivotal moment in decentralized technology.
With institutional interest growing and regulatory frameworks taking shape, blockchain and Web3 technologies are moving closer to mainstream acceptance. Stay tuned for the next Blocks & Headlines briefing as we continue to track the most significant trends shaping the future of decentralized finance and digital assets.
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Blockchain
Fintech as a Service Business Research Report 2025: Global Market to Reach $1.1 Trillion by 2030 from $387 Billion in 2024 – SMB Adoption of Fintech Services Spurs Market Expansion Opportunities
Fintech as a Service (FaaS) Market
Blockchain
From Apes to Humans: ApeChain Joins Humanity Protocol’s zkProofer Network to Scale Proof of Humanity
The post From Apes to Humans: ApeChain Joins Humanity Protocol’s zkProofer Network to Scale Proof of Humanity appeared first on News, Events, Advertising Options.
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