China Crypto Treasuries, Gate Japan Expansion and More: APAC Morning Brief

Welcome to the Asia Pacific Morning Brief—your essential digest of overnight crypto developments shaping regional markets and global sentiment. Grab a green tea and watch this space.

Chinese institutions rapidly adopt MicroStrategy-style digital asset treasuries despite regulatory complexities. Gate Exchange plans a compliant Japanese market entry by year-end, targeting high-penetration regions. Web3 finance transformation accelerates across APAC markets with institutional backing.

Has China Joined Crypto Treasury Strategy?

ABCDE co-founder Du Jun noted that Chinese institutions were half a beat slow on Digital Asset Treasury strategies, also dubbed as MicroStrategy models. However, he said that they have rapidly caught up and begun following suit. Little is known about such strategies by Chinese firms.

Du Jun revealed invitations to participate in five such initiatives underway. Three involve Ethereum DATs, while two focus on Solana. One ETH DAT launches with 300,000 tokens as the starting scale.

DayDayCook represents one of the few Chinese-related examples in this space. The US-listed Chinese food brand acquired 100 Bitcoin worth $10.4 million. CEO Norma Chu targets 5,000 BTC over three years total.

Gate CEO: Web3 Finance Inevitable, Japan Launch Planned

Gate Group CEO Lin Han announced plans for Japanese market entry. The exchange seeks a compliant launch by year-end with proper licensing. Japan currently shows 15% crypto penetration among its population.

Han addressed the WebX 2025 conference in Tokyo, highlighting global crypto adoption trends. Worldwide usage reaches 700 million people, representing 10% of the population. Some regions, like the UAE and Singapore, achieve 20% penetration.

According to Han’s predictions, DeFi will eventually surpass centralized finance. However, DEX platforms face greater security vulnerabilities than CEXs. This remains a serious concern requiring industry attention.

BeInCrypto’s Asian Coverage

Asian countries pursue diverse stablecoin strategies following US GENIUS Act implementation.

Japan’s Prime Minister emphasized Web3 technologies as key pillar for domestic economic growth.

Metaplanet joined FTSE Japan Index after upgrading to mid-cap status with Bitcoin-focused strategy.

Japan pioneers stablecoin regulation with JPYC approval but faces slow practical market adoption.

Arthur Hayes predicts crypto bull market continuing until 2028 driven by US stablecoin policy.

More Highlights

LIBRA promoter Hayden Davis earned $12 million from Kanye West’s YZY token manipulation scheme.

Three major firms plan $1 billion Solana purchase to boost institutional liquidity and market depth.

Non-USD stablecoins surge in Latin America with Brazil leading 55% of total market volume.

Crypto adoption breaks generational barriers as over-40 demographic drives US education and ownership growth.

Coinbase projects stablecoin market could reach $1.2 trillion by 2028, potentially impacting Treasury yields.