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Japan

Japan plans to reduce tax burden for digital asset issuers
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21 December, 2022

Japan plans to reduce tax burden for digital asset issuers

Currently, Japan imposes a 30% tax on digital asset service providers holding unrealized gains from their assets—a move widely criticized...
Japan: Lawmaker slams regulators for approving FTT listing on local exchanges
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20 December, 2022

Japan: Lawmaker slams regulators for approving FTT listing on local exchanges

Akihisa Shiozaki, a Japanese lawmaker, noted that the failure to conduct due diligence led to losses of thousands of Japanese...
FTX Japan granted 3-month extension on its business suspension
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15 December, 2022

FTX Japan granted 3-month extension on its business suspension

FTX Japan had been ordered to shut down its services, but an FSA extension pushes this to March as customers...
Line’s BITFRONT shuts down operations, focuses on blockchain and LINK token
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2 December, 2022

Line’s BITFRONT shuts down operations, focuses on blockchain and LINK token

The exchange blamed the decision on the prolonged “crypto winter” plaguing the digital asset industry since the second quarter of...
Binance backs into Japan, backs away from UK court ruling
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1 December, 2022

Binance backs into Japan, backs away from UK court ruling

Binance is making a backdoor move into Japan while its botched attempt to make a similar move into the U.K....
Bank of Japan to issue experimental digital yen in 2023
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28 November, 2022

Bank of Japan to issue experimental digital yen in 2023

The central bank stated that the pilot would be conducted with a trio of mega banks and regional banks with...
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