
Japanese Tax Agency clarifies crypto tax obligations
Japan's National Tax Agency, the Financial Service Agency and organizations in the cryptocurrency space unveiled a new method that could ultimately make it easier for tax payments to be made.
Japan's National Tax Agency, the Financial Service Agency and organizations in the cryptocurrency space unveiled a new method that could ultimately make it easier for tax payments to be made.
Effective July 2, Huobi Pro is suspending its operations in Japan after failing to be properly registered by the country’s Financial Services Agency.
BitFlyer CEO Yuzo Kano and Bit Bank CEO Noriyuki Hirosue tendered their resignations after both exchanges received the orders.
FSA will be issuing its now-famous business improvement orders to at least five different exchanges, in a bid to ensure the companies comply with anti-money laundering regulations.
Yokohama-based FSHO exchange is reportedly still failing to comply with Financial Services Agency's regulations.
Cryptocurrency exchange and wallet service Coinbase is opening a division in Japan, as part of its ongoing efforts to “accelerate the global adoption of cryptocurrency.”
Dash, Zcash, Monero and Augur will all be taken off the Coincheck exchange effective June 18.
The Financial Services Agency has introduced five new rules that apply to both existing cryptocurrency exchanges, as well as those that plan to enter the space.
The Financial Services Agency has confirmed reports that as many as eight cryptocurrency exchanges have expressed their intention to leave the Japanese market.
The FSA has quietly begun to put pressure on crypto exchanges to remove the digital currencies, assumed to be favorites by criminals.
Kraken is shutting down “all of its services” in Japan by June, leaving only a matter of weeks before the company ceases to operate within the Japanese market.
BitFlyer has denied reports it has been making it easy for customers to start trading after submitting copies of their identity cards.