Japan Maintains Cautious Approach to Crypto ETFs amid Global Surge
This hesitant approach comes as a surprise, given Japan’s self appraisal as a digital asset-friendly country.
Japan’s Crypto Regulations Could Slash Taxes by 35%, Open Door to ETFs
By Bena Ilyas
Japan is poised to reclassify cryptocurrencies under financial instruments legislation, potentially reducing crypto taxes from up to 55% to 20%.
Japan’s Finance Watchdog Pushes to Slash Crypto Taxes by 2025: Win for Investors?
The FSA seeks to have crypto assets treated in a similar manner to traditional financial assets, saying that it is worth a considerable amount of consideration.
Singapore’s DBS Bank Trials Blockchain for Government Grant Distribution
By Leon Okwatch
This ongoing exploration shows how blockchain could make public services more efficient and transparent.
Estonia Approves New Legislation to Regulate Crypto Service Providers
Digital asset service providers already registered under the FIU will have to apply for new licenses with the FSA before the end of next year.
Singapore, UK, Swiss, and Japan Regulators Collaborate on Asset Tokenization Pilots
By Tolu Ajiboye
The countries created a policymaking group to further the asset tokenization tests and help with navigating legal and compliance concerns.
Japan’s Regulator Plans to Scrap ‘Unrealized Gains’ Tax on Crypto
Japan has been actively reassessing its crypto tax regulations since last year, with a focus on creating an environment that encourages the growth of blockchain startups within the country.
FSA to Create New Stablecoin Regulation as Japan Moves to Soften Its Previous Stance
Expectations are that the new rule must have been completed by midyear and adopted by that same time.
Japan Considers Lifting Ban on Foreign-Issued Stablecoins
The new move by Japan to allow the distribution of stablecoins means that there would be stricter regulations on Anti-Money Laundering controls.
Japan Parliament Passes Bill Introducing Legal Framework around Stablecoin Regulation
The Stablecoin bill passed by Japanese lawmakers is bound to take effect 12 months from now, and irrespective of these delays, the bill will still make the Asian giant the first to pioneer this area of the growing blockchain ecosystem.
Coinbase Partners with Mitsubishi UFJ to Advance Its Japanese Expansion
Top American cryptocurrency exchange, Coinbase Global Inc has announced its expansion into the Japanese market.
FSA in Japan Says XRP Is Not Security
By staff writer
Japan is not the only country to have released a statement saying it does not recognize XRP has a security. Financial authorities in the United Kingdom have the same position.
Bitcoin Takes Over Ripple’s XRP as Preferred Investors’ Choice in Japan
Bitcoin has successfully managed to flip its popularity among Japanese investors over the last two years and dethroning XRP by a large margin. Bitcoin now leads a 51.36% market share in Japan against XRP with 27.54%.
Japanese FSA Endorses Huobi Token, Regulators Increase Protections for Crypto Investors
Huobi Token (HT) has managed to become the first global exchange token that is now approved in Japan. Meanwhile, the regulators in the country have decided to enhance protections for crypto investors.
Cryptocurrency Donations Without Limit to Politicians are Now Legal in Japan
The Japanese internal affairs and communications minister Sanae Takaichi has indicated that donations to politicians are legal and without limit.