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Shiba Inu(CRYPTO: SHIB) now trades on Japan’s newest crypto exchange after Nomura’s Laser Digital Japan secured the country’s first new crypto exchange approval in four years.
What the Laser Digital Japan Approval Means
As Laser Digital Japan registered as a crypto asset exchange service provider on Aug. 21, ending a four-year period without any new crypto exchange licenses in one of Asia’s strictest regulatory markets
The platform launches with six assets: Bitcoin(CRYPTO: BTC), Ethereum(CRYPTO: ETH), XRP(CRYPTO: XRP), Bitcoin Cash(CRYPTO: BCH), Litecoin(CRYPTO: LTC) and SHIB.
SHIB is the only meme coin on that list. The token joined the Japan Virtual and Crypto Assets Exchange Association Green List in November 2025, which paved the way for its inclusion alongside blue-chip assets on the Nomura-backed platform.
Why Japan Matters for SHIB
The official Shiba Inu X account called it a new milestone for SHIB’s global reach, noting that the Japan <a href="https://xpertsstudio.com/nct-<a href="https://xpertsstudio.com/xrp-price-falls-5-as-leverage-hits-seven/” title=”XRP price falls 5% as leverage hits seven”>price-surges-200-on-upbit-krw-listing/” title=”NCT price surges 200% on Upbit KRW listing”>listing represents another step forward for the token’s institutional credibility.
Japan’s approval process is widely considered among the most rigorous in Asia, making the Green List inclusion and subsequent exchange listing a meaningful regulatory endorsement for a meme coin.
Meanwhile, burn activity spiked between Aug. 22 and 23, peaking near 41 million tokens, before falling off sharply.
Recent burns are dominated by Robinhood(NASDAQ:HOOD) and ShibLaunchpad transfers to the dead wallet, with activity returning to consistent small-to-mid-size burns rather than a single large event.
What the Broader Sentiment Shows
The Crypto Fear and Greed Index reads 65 Tuesday, firmly in greed territory, down slightly from 74 the prior day but up sharply from 46 a week ago and 30 a month ago when both readings sat in fear.
The rapid shift from fear to greed over a single week mirrors the broader crypto market recovery and suggests retail sentiment is repricing alongside institutional flows.
SHIB Price Predicton: Key Levels to Watch
SHIB sits at its Bull Market Support Band on the weekly chart, the same zone that has held as support on every prior test since May.
A weekly close below that band opens the channel floor, while holding it keeps the consolidation intact. The 12-month performance remains down 57.81%.
Key levels for SHIB:
- $0.00000620 — spike high and trendline resistance above
- $0.00000516 — weekly support band, must hold on a closing basis
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