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    • Weekly Cryptocurrency News (+Asia Special) | High interest in Grayscale Bitcoin halving analysis and US presidential election

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    This week’s news

    We bring you a summary of the most popular crypto asset (virtual currency) news over the past week (2/10 to 2/16).

    This week, articles on Bitcoin (BTC) halving analysis by U.S. virtual currency management company Grayscale, the U.S. presidential election, and Mercari’s provision of Bitcoin payment functions attracted the most attention.

    table of contents
    1. This week’s featured news
    2. financial market
    3. Asia special feature

    This week’s featured news

    “This Bitcoin halving is different from the last time” Grayscale analysis (2/10)

    Grayscale released a report on the Bitcoin halving on the 9th. Points that differ from the previous halving include the approval of spot ETFs (exchange traded funds) and the rise of Ordinal. (the article ishere)

    Virtual currency-related policies will be one of the issues in the US presidential election in November 2024 (2/10)

    In the US presidential election to be held in November 2024, in addition to major topics such as the economy and immigration issues, policies regarding virtual currencies and central bank digital currencies (CBDC) will also be an issue. According to research by Morning Consult, an increasing number of young voters are interested in emerging technologies such as Web3 and cryptocurrencies, and these topics are starting to take center stage in political discussions. (the article ishere)

    Mercari to offer Bitcoin payment function for flea market app purchases (2/15)

    Starting February 15th, Mercari users will be able to use their Bitcoins to pay for products within the app. With this new feature, you will be able to easily purchase Mercari’s over 3 billion products with Bitcoin. (the article ishere)

    financial market

    Bitcoin fluctuates wildly following CPI announcement, OAS increases by 32.7% compared to previous week (2/14), increasing interest in Korean market

    The Bitcoin price on this day was 0.74% lower than the previous day at 1 BTC = $49,582, and it fluctuated wildly following the announcement of the US Consumer Price Index (CPI). Among altcoins, Oasys (OAS) rose 32.7% from the previous week. (the article ishere)

    Bitcoin yen-denominated record high price Cryptocurrency-related stocks also rose significantly (2/15)

    Due to the strong dollar and weak yen, the price of Bitcoin in yen terms has reached a record high. Virtual currency-related stocks also rose significantly. (the article ishere)

    Bitcoin, which has reached a new all-time high in yen, what risks does it face from recent selling pressure? (2/16)

    Bitcoin rose 0.33% from the previous day to 1 BTC = $52,158. According to a report by Spot On Chain, the crypto market risks facing two selling pressures. (the article ishere)

    Asia special feature

    Kochi City partners with Web3 company START LAND Inc to revitalize regional areas through Metaverse (2/10)

    Kochi City, Kochi Prefecture, has begun a new initiative to utilize the Metaverse, aiming to develop markets in the areas of product sales and tourism. We have signed a comprehensive collaboration agreement with START LAND Inc., which operates a virtual space, to promote regional revitalization using digital technology. (the article ishere)

    PACKS, an RWA sales service specializing in trading cards such as Pokemon cards, will adopt “Astar zkEVM” (2/13)

    PACKS, which develops a real asset (RWA) sales service specializing in trading cards such as Pokemon cards, announced on the 10th that it will adopt the solution of the Japanese blockchain “Aster Network (ASTR)”. The service will be developed based on “Astar zkEVM Powered by Polygon”. (the article ishere)

    Financial Services Agency requests financial institutions to strengthen measures against fraudulent remittances to virtual currency exchanges (2/15)

    The Financial Services Agency, jointly with the National Police Agency, requests virtual currency exchanges to strengthen measures against fraudulent remittances. The request was made to nine organizations, including the Japanese Bankers Association, the National Regional Banks Association, and Japan Post Bank. (the article ishere)

    The first Web3 business negotiation exhibition “Japan Web3 Week 2024[Spring]” will be held from next week, along with a seminar related to the Web3 idol project involving Yasushi Akimoto (2/15)

    The venue guide map for Japan Web3 Week 2024[Spring]which will be held for the first time at Tokyo Big Sight from February 20th to 22nd, has been released. This exhibition will be held in conjunction with DX Comprehensive EXPO 2024[Spring]where DX solutions to improve business efficiency, work style reform, and strengthen management infrastructure will be gathered together, promoting DX promotion using Web3 technology and social implementation of Web3 technology. This is an exhibition that will (the article ishere)

    How to popularize Bitcoin in Japan – members of “Tokyo Citadel”, a community management company in Tokyo, talk (2/15)

    The 16th edition of “Beyond The Price,” released on January 25th, was attended by Andy and Dash from “Tokyo Citadel,” which conducts Bitcoin-related activities using English in Tokyo. He talked about the importance of Bitcoin in Japan. (the article ishere)

    Chinese government to revise law to deal with virtual currency money laundering (2/16)

    China plans to revise anti-money laundering (AML) laws to address risks associated with virtual currencies. A meeting of the State Council chaired by Chinese Premier Li Qiang is discussing a draft amendment to the current AML law, which has been in force since 2007, and will submit it for review by the National Assembly. (the article ishere)

    connection:Why we need a large-scale Web3 conference in Japan | WebX founder interview

    Featured Web3 conference dates

    Web3 and virtual currency/blockchain related conferences are becoming more active worldwide. In this article, we will also introduce information on major conferences scheduled to be held in the near future, mainly in Asia.

    Japan Web3 Week 2024[Spring]

    Japan Web3 Week 2024[Spring]will be held for the first time next week from February 20th (Tuesday) to February 22nd (Thursday) at Tokyo Big Sight. Major companies such as SONY, SBI, and TIS are also scheduled to exhibit.

    This exhibition will be held in conjunction with “DX Comprehensive EXPO 2024[Spring]”, where DX solutions to improve business efficiency, work style reform, and strengthen management infrastructure will be gathered together. At the exhibition to promote implementation, many notable seminars will be held, including events related to the “Web3 Idol Project”, in which Yasushi Akimoto is also involved.

    TEAMZ WEB3/AI SUMMIT 2024

    “TEAMZ WEB3/AI SUMMIT 2024” is an event with the theme of Web3 and AI, scheduled to be held at Toranomon Hills Forum in Tokyo from April 13th to 14th.

    TEAMZ WEB3/AI SUMMIT 2024 follows this year’s TEAMZ WEB3 SUMMIT 2023, and is an event focused on the potential for synergy between the AI ​​and blockchain fields, which are attracting attention due to the rise of OpenAI and ChatGPT.

    According to the official page, there will be more than 120 speakers next year, including more than 200 VCs, investors, and exhibiting companies. It is estimated that 5,000 people will attend.

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