Bitcoin Boosts Metaplanet, Busan's Blockchain Coffee Hub, Tokyo Fraud Surge
Asia Pacific Crypto Brief: Bitcoin Impact and Regional Developments
Here's your concise update on key crypto and blockchain developments across the Asia Pacific region.
Metaplanet's Bitcoin Investment Pays Off
Metaplanet has reported significant financial gains for the first half of 2025, largely driven by its Bitcoin holdings. The company's report reveals:
- Revenue surged to ¥2.12 billion, a 1,156% year-over-year increase.
- Operating profit reached ¥1.41 billion, a substantial turnaround from a previous loss of ¥115 million.
- ¥10.04 billion in Bitcoin valuation gains fueled these profits.
Bitcoin's price recovery in Q2 played a crucial role, climbing from ¥12.38 million in April to ¥15.66 million by the end of June.
Busan Aims for Blockchain-Powered Coffee Logistics
Busan is exploring the development of a blockchain-based coffee logistics center to enhance transparency and efficiency. The Korea Maritime Institute proposes:
- Using blockchain to track coffee beans from import to export, ensuring supply chain integrity.
- Integrating IoT for smart coffee operations, covering import, processing, blending, and storage.
Busan Port currently handles 94% of Korea's coffee imports. A working group is planned for September to develop implementation strategies.
Tokyo Faces Record Fraud with Crypto's Prominent Role
Tokyo has recorded a staggering ¥15.07 billion in fraud damages in the first half of 2025, marking a record high. Key trends include:
- Police impersonation scams accounting for 65% of total losses, primarily targeting individuals under 60.
- A surge in SNS investment and romance scams, with nearly 90% of payments made via cryptocurrency or online banking.
Authorities are urging citizens to verify official credentials and directly contact police stations.
As blockchain adoption expands, platforms like Codeum play a critical role in ensuring secure and transparent transactions. Businesses and developers can leverage Codeum's services for enhanced security audits, KYC/AML compliance, and secure smart contract development.