Tag: Japan
News about Japan
Japan to Classify Crypto as Financial Product
Reading Time: < 1 minuteJapan’s Financial Services Agency (FSA) plans to propose reclassifying crypto assets as financial products, aiming to introduce new regulations on crypto insider trading.
Circle Launches its Stablecoin USDC in Japan
Reading Time: < 1 minuteCircle, a leading global financial technology company and stablecoin market leader, has announced its strengthened commitment to Japan.
Japan’s Ruling Party to Slash Crypto Capital Gains Tax to 20%
Reading Time: < 1 minuteJapan’s ruling political party, the Liberal Democratic Party (LDP), is advancing a comprehensive regulatory reform for cryptocurrencies.
Metaplanet Acquires $2M in Bitcoin
Reading Time: < 1 minuteJapanese investment firm Metaplanet Inc. has announced it has acquired an additional 38.464 Bitcoin, totaling around 300 million yen ($2 million) in value.
Brad Garlinghouse: Japanese Yen Stablecoins Demand Will Increase
Reading Time: < 1 minuteRipple CEO Brad Garlinghouse expressed his belief that Japan is a promising market for stablecoins and that there will be a strong demand for a Japanese yen stablecoin.
Japanese Firm Metaplanet to Sell 1B Bonds to Acquire Additional Bitcoins
Reading Time: < 1 minuteMetaplanet Inc., a Tokyo-based investment and consulting firm, has announced plans to issue 1 billion yen ($6.26 million) worth of bonds to fund the purchase of Bitcoin.
Japanese Venture Capital Companies Allowed to Buy Crypto
Reading Time: < 1 minuteThe Cabinet has approved a bill that will allow investment funds and venture capital firms to invest in digital currencies.
Japan Plans to Drop Tax on Crypto Profits
Reading Time: < 1 minuteJapan’s Cabinet has given the green light to a bill exempting companies from taxes on unrealized profits from digital asset transactions.
Circle to Expand USDC Presence in Japan
Reading Time: < 1 minuteCircle has formed a strategic alliance with SBI Holdings to expand its presence in Japan.
MarketAcross and Turingum Will Help Bridge Japanese and Global Web3 Ecosystems
Reading Time: < 1 minuteMarketAcross has announced it has joined forces with Turingum, a Japanese Web3 technology company focusing on tokenomics design, DeFi and smart contract development.
Fujitsu and Mitsubishi Will Create Japan’s Economic Zone in the Metaverse
Reading Time: < 1 minuteFujitsu, Mitsubishi and Mizuho have recently announced a new partnership to create an economic zone in the metaverse.
Japanese Authorities: The Digital Currency Market Needs to be Tightened at a Global Level
Reading Time: < 1 minuteThe Japanese authorities believe control over the digital currency market needs to be tightened at global level.
FTX Japan Unveils Details of Customer Funds Refund Program
Reading Time: < 1 minuteFTX Japan has just unveiled a plan to return client funds.
US Exchange Kraken to Exit the Japanese Market
Reading Time: < 1 minuteCrypto exchange Kraken has announced it plans to suspend its activities in Japan an deregister from the country’s regulator FSA from January 2023.
FTX Japan’s Users Can Withdraw Funds Till End of Year
Reading Time: < 1 minuteThe Japanese subsidiary of FTX will allow its users to withdraw funds until the end of the year.
Japan Will Ease Crypto Tax Policy
Reading Time: < 1 minuteThe Japanese authorities are currently considering options for easing tax policy in relation to crypto business.
Chinese Investors Use Cryptos to Purchase Real Estate in Japan
Reading Time: < 1 minuteThe Tokyo Internal Revenue Service has found out that Chinese investors purchased ¥27 billion ($237 million) worth of real estate in Japan using cryptos.
Former European Commissioner Phil Hogan Joins the Astra Protocol Advisory Board
Reading Time: 2 minutesAstra protocol, a revolutionary legal layer that brings unparalleled assurance to public blockchains, is excited to announce that the former European Commissioner for Trade, Phil Hogan, has joined its Advisory Board as an Executive Advisor.
Japanese Watchdog Warns Bybit Over Illegal Operation in the Country
Reading Time: < 1 minuteThe Japan Financial Services Agency (FSA) has just issued a warning against cryptocurrency derivatives exchange Bybit.
Japanese Financial and Tech Giant, GMO Internet Group, Partners with Binance to Bring World’s First Regulated JPY-Pegged Stablecoin ‘GYEN’ to the Masses
Reading Time: < 1 minuteGMO Trust and Binance have today announced its partnership to bring the world’s first regulated Japanese yen (JPY) stablecoin to the exchange.
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