Coordinated Currency Intervention Since 2011 Raises Concerns in the Cryptocurrency Market - Analysis

2026/08/04 12:14 (Updated 2026/08/04 14:01)
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Written by Enzo
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Coordinated Currency Intervention Since 2011 Raises Concerns in the Cryptocurrency Market - Analysis

Japan-US Coordinated Intervention, First Since 2011

Japan-US Coordinated Intervention, First Since 2011

QCP Group, a cryptocurrency market maker based in Singapore, analyzed the Japan-US coordinated foreign exchange intervention in their market report 'QCP Market Colour' on the 3rd. The New York Federal Reserve, acting as an agent for the U.S. Treasury, implemented yen purchases last Friday, which were conducted simultaneously with the intervention by Japan's Ministry of Finance.

QCP noted that this intervention was the first coordinated foreign exchange intervention targeting the yen since 2011, and...

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Iolite Vol.21

Iolite Vol.21

September 2026 issueReleased on 2026/07/30

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MAGAZINE

Iolite Vol.21

September 2026 issueReleased on 2026/07/30
Interview Richard Teng, Co-CEO, Binance Taisuke Isono, Head of Nikko Open Innovation Lab & DeFi Technology Department, SMBC Nikko Securities Inc. Hiroshi Kamiwaki, Director & Head of Crypto Asset Finance Business, Fintertech Co., Ltd. PHOTO & INTERVIEW Yusaku Nakano Feature Story: "Survival Strategies for Crypto Exchanges — The New Order Post-FIEA Transition" Interview Tomoyuki Isaka, President & Representative Director, CEO, Coincheck, Inc. Takaaki Fujiwara, Executive Vice President & Director, Mercury Inc. [Dialogue Series] The NISHI Talk: Crypto Conversations "Social Implementation Beyond Merely Holding Bitcoin" Kasou NISHI × Rintaro Kawai, President & Representative Director, ANAP HOLDINGS Co., Ltd. Series: Tech and Future Toshinao Sasaki ...and more