Japan

Japan Starts Taxing NFT With Clear Transparency Regulations

The National Tax Agency of Japan issued guidelines for the taxation of NFT transactions, such as blockchain games, covering income…

1 year ago

Japan Unit Of Coinbase Cuts Workforce As Part Of The Recently 25% Layoffs Round

Key Points: In an effort to reduce employees by 25% in the face of a protracted downturn in the digital…

1 year ago

Insurance Giant Tokio Marine Begins Breaking Into Metaverse

Key Points: The largest property/casualty insurance business in Japan, Tokio Marine, is expanding its operations and services into the metaverse.…

1 year ago

Kraken Exchange Will Leave Japan For The Second Time At The End Of Jan 2023

Key Points: Kraken exchange will leave Japan in early 2023. Customers must withdraw their fiat and crypto holdings by January…

1 year ago

Japan Will Lift Ban On Foreign Stablecoin Distribution In Japan In 2023

Key Points: Japan will lift ban on overseas-issued stablecoins in Japan in 2023. It is recommended to set a maximum…

1 year ago

Japan Does Not Tax Unprofitable Crypto Companies

The tax committee of Japan's ruling Liberal Democratic Party (LDP) accepted a plan to exclude cryptocurrency businesses that issue their…

1 year ago

Japanese TEPCO Partners With Mining Rig Maker TRIPLE-1 To Powering Crypto Mining

Tokyo Electric Power (TEPCO), a major Japanese utility, has partnered with mining equipment maker TRIPLE-1 to plan to use extra…

1 year ago

FTX Japan Is Extended Its Business Suspension Until March 9

Regulators granted FTX Japan permission to extend the date for its business suspension by three months. According to Reuters, the…

1 year ago

Japan Advises Against Stablecoins Algorithmic Backing

Japanese regulators are thinking about completing their historic stablecoin law by limiting the algorithmic backing of stablecoins. The Financial Service…

1 year ago

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