News
The proposal calls for a separate 20% tax on crypto earnings and exemptions of any tax on crypto gains, with losses carried forward for up to three years.
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Japan News
Located in East Asia, Japan is a top 20 country in the world in terms of population. Japan has the third-largest economy by nominal gross domestic product and the fourth-largest economy by purchasing power parity. Tokyo is the country’s capital. Bitcoin in Japan has a notable following, as does cryptocurrency and blockchain as a whole.
The country’s regulators have deemed Bitcoin an approved money type. Japan hosts a number of crypto exchanges, and the country has regulatory requirements around the industry, creating a scene more favorable for compliant crypto-asset entities. Bitcoin’s anonymous creator, Satoshi Nakamoto, is thought to be from Japan, although little is confirmed about Nakamoto’s identity.
- News
Local exchange Gaia Co. is set to roll out crypto ATMs in Tokyo and Osaka and has outlined plans for 130 of them over the next three years.
3194 - News
The company said the move intends to cover all NFTs listed on the HARTi platform with no cost to the seller.
957 - News
The new body will bring together the financial regulators and creative industries to formulate the policies in the Metaverse.
1928 - News
Ripple has continued to see adoption for its remittance technology from private institutions despite the ongoing lawsuit in the United States.
2750 - News
The project has been launched to address the lack of skilled personnel working on rapidly evolving technologies in Japan.
4963 - News
Self-reg entity JVCEA has reportedly received stern warnings to get its act together, as Japan’s Financial Services Agency pushes for the organization to speed up its AML regulation rollout.
2099 - Sponsored
Three crypto companies have teamed up with Japan's largest publishing company to bring anime and manga to Web3.
2163 - Opinion
Did May’s algorithmic stablecoin crashes kill the concept, or is there still a role for fiat-pegged cryptocurrencies?
28425 - News
The FSA and Japan’s Finance Ministry previously warned crypto firms against processing transactions involving sanctioned individuals or entities, subject to fines or imprisonment.
1649 - Interview
A young Zimbabwean Bitcoiner built out a business with Bitcoin — importing cars and sending remittance payments — when he returned to his homeland during the COVID-19 pandemic.
7651 - Newsletter
Last week brought some notable reactions to the stablecoin’s depegging in the East Asia region.
1229 - News
Under the current variation of the law, there is no explicit procedure outlined for law enforcement officers to seize illegally obtained crypto from crime organizations.
2680 - Market Analysis
Declining demand for Tether, negative futures premiums for altcoins and the lack of inflow to the crypto sector are all signs that a rocky road is ahead.
5287 - News
The Japanese government is rushing to enforce new stablecoin laws in the aftermath of the Terra collapse.
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