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Laser Digital just won Japan’s first crypto license in 4 years – Nomura might sell it

By Ishika Kumari

Japan's growing inflation pressures and expectations of another BOJ rate hike might be the major catalyst behind this sell-off.

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Cryptocurrency

A digital currency secured by cryptography and recorded on a blockchain, without a central bank issuing it.

Crypto prices are volatile, and governments are still deciding how to regulate it.

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Inflation

The rate at which the general level of prices for goods and services rises over time, usually measured over twelve months.

When prices rise faster than wages, households can buy less with the same income, and central banks may raise interest rates in response.

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