To promote overall GDP growth, Japan’s finance authority (FSA) is suggesting tax incentives for cryptocurrency and individual stock investors. The agency wants corporations to be exempt from paying ta...
Tag: Japans
Japan’s financial regulator proposes tax reforms for cryptos
The Financial Services Agency, Japan’s financial regulator, has formally proposed to ease the corporate tax burden on crypto-assets. The move resonates with Prime Minister Fumio Kishida’s recent effo...
$500 billion asset manager Nomura to launch Japan’s first multi-asset ETF
Nomura Asset Management Co. Ltd. (“NAM”), the core company within the Investment Management Division of Nomura Group, announced on August 29, that its launching a new exchange-traded fund (ETF) that w...
Banking behemoth MUFG invests in Animoca Brands Japan’s $45 million raise
Animoca Brands Japan, a subsidiary of web3 investment firm Animoca Brands, has raised $45 million from Mitsubishi UFJ Financial Group, Inc. (MUFG) and Animoca Brands. This brings the subsidiary’s pre-...
Japan’s new crypto tax reform, good news for traders? 1
Japan has announced that it is making a new reform that will change the taxation system for the crypto sector. According to several media houses in the country, the new reform will see some fundamenta...
Japan’s Leading Broker SBI to Move out of Russia’s Crypto Mining Sector
Last May when China cracked down on the mining industry, Russia became an attractive destination for miners. The country’s access to low-cost power and suitable climatic conditions were enough for lur...
Ripple Execs Had A Word With Mayor Of Japan’s Fastest Growing City — Is XRP Adoption Likely? ⋆ ZyCrypto
Advertisement     Ripple, the company associated with the seventh-largest cryptocurrency by market capitalization, is expanding its reach. And its plans for the Asia P...
Japan’s Financial Giant SBI Group to Shut Down Crypto Mining Operations in Russia
Japanese financial giant SBI Group announced that it will shut down its crypto mining operations in the entire country of Russia. Since the outbreak of the big Russian-Ukrainian war on February 24 thi...
Japan’s SBI Holdings to Close Mining Operations in Russia Due to Ongoing War: Report
Tokyo-based online financial services company SBI Holdings will shut down its crypto mining operations in Siberia, Russia. The company argued that the war between Russia and Ukraine is among the reaso...
Japan’s SBI Remit To Use Ripple Technology, Crypto Daily TV
In Todays Headline TV CryptoDaily News: Coinbase will stop ETH and ERC-20 transactions during The Merge. During the Ethereum Merge, the crypto exchange Coinbase will temporarily pause deposits and wit...
Web3 Hopes Raised by Japan’s Appointment of a Digital Minister
Taro Kono’s Meet with Ethereum’s Co-Founder In Japan, expectations are high that the government would prioritize Web3 growth in its economic objectives following the appointment of a new minister for ...
Dogecoin and Polkadot Now Supported by Japan’s Bitbank
Alex Dovbnya FSA-approved Japanese cryptocurrency exchange Bitbank has added support for two more cryptocurrencies Japanese cryptocurrency exchange Bitbank has added support for Dogecoin (DOGE) and Po...
Japan’s central bank shelves plans for CBDC due to a lack of public interest
Despite testing the technical feasibility of the issuance of a central bank digital currency (CBDC) since 2021, and starting the second phase of the experimentation in April, Japan’s central bank has ...
Japan’s central bank scraps CBDC plans due to lack of interest from public
The Bank of Japan (BoJ) has concluded that it is not technically feasible for the government to release a central bank digital currency (CBDC) at the moment. Cash rules everything around Japan Like ma...
Japan’s Financial Giant SBI Renews Its System for Ripple International Remittance Using ODL
– Advertisement – The Japanese financial giant is committed to fostering its collaboration with Ripple. SBI Holdings, Japan’s financial services company, announced that it renewed its XR...
Japan’s Crypto Lobby Group Push For Tax Cuts; Here’s Why!
Japan’s Crypto Lobby Group Push For Tax Cuts; Here’s Why! | Bitcoinist.com FSA has been in contemplation about the need for a corporate tax a...
Japan’s crypto groups call for end of taxing paper gains
Japan’s leading crypto lobby groups plan to submit a proposal to Japan’s financial regulatory body to address its high crypto taxes, which experts warn make Japan less competitive as a crypto hub. Ac...
Japan’s top crypto lobby groups push for lower taxes to attract talent
Japan’s strongest crypto lobbying groups say that current tax rates prevent industry growth and call for lower taxes to prevent talent outflow. Bloomberg News reported that two of the top lobbying gro...
Japan’s self- regulation experiment seems to have failed –
The self-regulation experiment in Japan is not working properly The current crypto model is highly fluctuating The local government and industry experts have claimed that the self-regulation experimen...
Japan’s crypto self-regulatory system reportedly falling apart
In 2018, Japan established the Japan Virtual Currency Exchange Association (JVCEA) and tasked the body with self-regulating the crypto industry. The government hoped that the industry body would be ab...
Japan’s ‘Womenomics’ Needs Reboot To Boost GDP By 15%
Female passengers board a “Women Only” carriage at a metro station on in Tokyo, Japan. Junko Kimura/Getty Images As Japan mulls how to reinvigorate its economy in the post-Shinzo Abe era, ...
US diplomats call on Japan’s crypto exchanges to cut ties to Russia: Report
Officials representing the United States government have reportedly urged Japan’s licensed cryptocurrency exchanges to stop doing business with Russia, seemingly as part of the country’s economic sanc...
Here’s How Japan’s Low Gun Death Rate Compares To The U.S. And Other Countries
Topline Former Japanese Prime Minister Shinzo Abe’s assassination Friday is particularly shocking because it happened in a country with among the world’s most stringent gun controls and lowest deaths ...
Japan’s Former Prime Minister Shinzo Abe Shot While Giving Campaign Speech
A general view shows workers at the scene after an attack on Shinzo Abe at Kintetsu Yamato-Saidaiji station square in Nara on July 8, 2022. STR/JIJI PRESS/AFP via Getty Images Former Prime Minister Sh...
Japan’s legendary animator to launch identity-defining NFT brand BOSO Tokyo
BOSO TOKYO announces the launch of the NFT project “BOSO TOKYO”, an identity-defining brand in the Metaverse. To commemorate its launch, BOSO TOKYO has launched a giveaway campaign for their NFT. ABOU...
Japan’s Prime Minister Aids Abolition Of Country’s Strict Crypto Rules
According to Bloomberg, Fushio Kishida, Japan’s Prime Minister, has indicated his disapproval of the stringent rules currently guiding the country’s cryptocurrency industry, this has therefore led to...
What move is Japan’s Parliament taking now regarding stablecoins to safeguards investors?
Seems like the recent fall of the Terra (LUNA) ecosystem has acted as a wake-up call for authorities all over like in Japan, who are now seeking proper actions and regulations. As per the reports, the...
Japan’s Parliament Introduces Framework For Stablecoins To Protect Investors
According to Bloomberg, Japan’s parliament enacted a legislative framework surrounding stablecoins pegged to the yen or another fiat currency on Friday. This is a historic move. The bill makes it clea...
Japan’s parliament passes a bill focused on stablecoin regulations
The collapse of the UST stablecoin has caused ripple effects in the crypto regulatory space. Several jurisdictions have raised the alarm over the risky nature of stablecoins because the collapse of US...