Japan to Reclassify Crypto as Financial Products
Japan is set to officially recognize crypto assets as financial products under the Financial Instruments and Exchange Act, marking a significant shift in digital asset regulation.
Japanese Firm Metaplanet Buys 150 Bitcoins
Tokyo-listed investment firm Metaplanet has increased its Bitcoin holdings by purchasing an additional 150 BTC for $12.5 million at an average price of $83,508 per Bitcoin.
Japan Could Tax Crypto as a Financial Asset
Japan’s Financial Services Agency has suggested the possibility of taxing crypto holdings as financial assets rather than as income.
Japanese Regulator Issues Warning Against LBank
The Japanese financial regulatory body has officially cautioned the LBank Exchange for targeting Japanese investors without proper registration.
Japan’s Watchdog Wants a Strict Control Over Crypto Transfers
The Financial Services Agency of Japan is urging financial institutions in the country to increase their vigilance in monitoring potential illegal transfers to crypto exchange providers.
Japan to Remove Tax on Unrealized Crypto Gains
The Japanese cabinet has given its approval to a proposal from the ruling Liberal Democratic Party that aims to eliminate taxation on unrealized gains from cryptocurrencies. This move is expected to foster growth in the country’s Web3 industry. The proposal, pending discussion in Japan’s parliament (Diet), seeks to abolish corporate taxation on the difference between market and book values of […]
Japanese Startups Allowed to Issue and Sell Tokens to Attract Investments
The Japanese government plans to permit the attraction of investments through the issuance and subsequent sale of tokens.
