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A Japanese cryptocurrency platform reported crossing two million registered accounts. Several Japanese companies have started offering Bitcoin and XRP in shareholder loyalty programs as the yen weakens.
A Japanese cryptocurrency exchange announced it has surpassed two million registered accounts. The same announcement noted that multiple Japanese companies have begun distributing Bitcoin and XRP through shareholder loyalty programs.
Background on the yen The yen has declined to multi-decade lows against the U.S. dollar, prompting some firms to explore digital-asset incentives for investors. The exchange did not release additional details on the number of participating companies or the total value of tokens distributed.
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The United States is negotiating with Germany, the Netherlands, Sweden and Poland to set up European production of AMRAAM missiles and maintenance for Patriot systems. The countries plan to sign a statement of intent at the NATO summit in Ankara.
Iranian forces fired missiles at two commercial vessels in the Strait of Hormuz on Monday night, causing significant damage but no reported casualties. A separate tanker caught fire east of Oman early Tuesday after an unknown projectile strike.
Investor Michael Burry replied to comments President Trump made about short sellers during a White House event. Trump said short sellers were in trouble and betting against the country. Burry defended the practice and criticized Trump's grasp of investment strategy.