Shiba Inu breaks 11-month downtrend after Japan approval

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Nomura’s digital asset arm Laser Digital Japan included Shiba Inu among the six tokens approved for its newly licensed Japanese platform, alongside Bitcoin and Ethereum. Shiba Inu had joined the Japanese Virtual and Crypto Assets Exchange Association (JVCEA) Green List in November 2025, after being listed on at least eight licensed Japanese exchanges. The token reclaimed its 200-day moving average for the first time in 2026, with market cap stabilizing between $3.22 billion and $3.26 billion. This regulatory approval adds an institutional layer to SHIB’s existing retail presence in Japan, notably through Rakuten Wallet since April 2026, in one of the world’s strictest regulatory environments.

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Telemac
Telemachttp://cryptoinfo.ch
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