Japan crypto regulation tightening

Bitget withdraws from Japan as FSA tightens rules, six-month transition. LDP proposes crypto ETF framework and yen stablecoins. SBI adopts Solana for stablecoin settlements. Sony Bank receives OCC approval for USD stablecoin trust bank. Metaplanet explores Bitcoin-backed credit. Japan spot BTC ETF could hit $18B. Yellow Card raises $40M with Sony Innovation Fund as investor, linking banks to stablecoin processing.