Welcome to Asia Pacific Morning Brief. An important digest of overnight cryptographic development that shapes regional markets and global sentiment. Grab some green tea and look at this space.
Today’s highlights include launching sustainable Bitcoin mining operations in Japan’s nail salon chain Combano, the South Korean financial information unit conducting a comprehensive stubcoin AML risk assessment, as well as the development of major cross-chain tokens.
Japan Open Chain will release a cross-chain token JOCX fixed to native JOC
The JOC token holder now has access to multi-chain functionality via the newly launched JOCX cross-chain token. Gu Technologies Global has pegged the ERC-20 token 1:1 and announced it to the native JOC of the Japan Open Chain. JOCX uses Layerzero’s Omnichain Protocol technology to enable seamless transfer across multiple blockchain networks.
Cross-chain tokens support Ethereum, Avalanches, Bases and optional to enhance defi accessibility across the ecosystem. Users can burn JOCX tokens and seamlessly return original JOC tokens in Japan’s open chain. This mechanism allows direct transactions with major cryptocurrencies such as decentralized exchange ETH.
The Japanese open chain operates as a domestic EVM compatible blockchain with 14 major Japanese company operators, including Dentsu. The network provides legally compliant blockchain infrastructure specifically designed for the recruitment needs of Japanese companies.
Nail Salon Konbano will release Green Bitcoin Mining
Japanese nail salon chain Kombano has officially launched its data center-based green Bitcoin mining operation. The Tokyo-based company is taking advantage of the low-cost electricity market while integrating renewable energy sources. This initiative combines environmental responsibility with dynamic load control to significantly reduce operational costs.
Convano combines mining operations with the expansion of its AI data center operations due to the benefits of mutual infrastructure. Shared expertise in cooling systems, power design and cybersecurity improves overall energy efficiency. This synergy accelerates innovation in both cryptocurrency and artificial intelligence business units.
Convano has set an ambitious goal of mining 21,000 BTC as its financial strategy by March 2027. The company aims to mine 10 BTC every month while building a considerable cryptocurrency reserve. This hybrid model blends Bitcoin acquired in mined markets to support financial stability goals.
South Korea FIU launches a comprehensive review of Stablecoin AML risk
The South Korean Financial Intelligence Force commissioned a comprehensive study on money laundering risks associated with stubcoins. The initiative will be held until December 2025 with a budget of 50 million people to assess AML vulnerabilities. This review is consistent with the global momentum towards Stablecoin regulation, following the FATF guidance for virtual assets.
The purpose of this project is to benchmark the South Korean AML framework for international standards, including mandatory registration requirements. The study focuses on institutionalizing stability in domestic payments and cross-border remittances under phase 2 law. Current Korean law does not have a clear definition of stubcoin, leaving a gap between issuance and distribution that is largely unregulated.
Global standards shaped by the FATF include the implementation of travel rules for suspicious transaction reporting and transfers. The EU MICA regulations classify Stablecoins as electronic money tokens that require capital reserve management from the issuer. Japan has restricted the issuance of stubcoins to regulated financial institutions, and US proposals require federal oversight.
Hashkey Chain Partners Hong Kong Web3 Association and Standardize the RWA Infrastructure
Hashkey Chain has signed a strategic agreement with the Hong Kong Web3.0 Standardization Association at the 2025 Anchoring Web3 Summit. This partnership aims to create a standardized framework for real-world asset infrastructure development. Collaboration covers research, technology development, financial services and comprehensive ecosystem building initiatives. To significantly reduce operational costs.
Mori, Paul Kim and Tao Zao contributed.
Japanese nail salons first appeared on Beincrypto, including Green Bitcoin Mining and Korean Stubcoin AML Review.
