Japan to Remove Tax on Unrealized Crypto Gains
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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.
Japan Eases Tax Burden on Token Issuers
Token issuers in Japan are exempt from paying 30% tax on unrealized profits from issued and held coins after clarification of the relevant law by the National Tax Agency.
Amber Group to Sell its Japanese Division
The company is looking into selling its Japanese division as part of a strategic plan to reorient the business from retail to institutional.
Japan Will Adopt New Stablecoin Regulations by June
The Japanese authorities plan to adopt new regulations to allow non-Japanese-issued stablecoins to be listed on local crypto exchanges by June 2023.
US Crypto Trading Platform Kraken Announces it is Leaving the Japanese Market
Crypto exchange Kraken has announced the suspension of its activities in Japan from January 31, 2023 and deregistration with the FSA, the country’s financial regulator.
Japan’s Payment System JCB is Developing Infrastructure for CBDC
Japan is exploring options for creating a national digital currency.
