With a solid legal framework already in place, some players see the U.S. crypto downturn as an opportunity for Japan to advance its standing in the field.
Crypto Tycoon Jihan Wu’s Mining Platform Bitdeer Gains 122% On Buybacks
Bitdeer Technologies Group, the Singapore-based crypto mining platform controlled by mogul Jihan Wu, saw its shares surge 122% over the past month as the company announced a share buyback amid ...
Crypto mystery: New tax rules are MIA
The long-awaited IRS tax compliance rules are stuck in an unexplained delay even as the SEC aggressively targets the crypto industry for regulation.
SIM Swap Hacker gets 5 Years In Jail For Crypto Crimes
The U.S. Department of Justice hoped the latest verdict would serve as a warning to malicious actors and the broader cybercrime community.
Japan’s Nikkei falls for third straight session
TOKYO, June 26 (Reuters) - Japan's Nikkei share average fell for a third straight session on Monday, after spending the day flip-flopping between small gains and losses. The Nikkei closed 0.25% lower ...
Roundup: Japan’s Nikkei ends lower, tech shares drop amid global economic woes
Japan's benchmark Nikkei stock index closed lower Monday extending losses for a third-straight day, with technology shares following their U.S. peers lower amid global economic concerns. The 225-issue ...
180,000 in Japan in online queue hoping to say ‘Hello Hong Kong’ as Cathay Pacific uses lucky draw for tickets giveaway
Queue for round-trip tickets from Narita, Osaka, Nagoya, Fukuoka or Sapporo airports drew more than 9,000 hopefuls just two minutes into online lucky draw. ( read original story ...)
Sygnum Sees Strong Crypto Demand Boosting New Singapore Brokerage
Sygnum AG is seeing strong demand for crypto transactions from fund houses, family offices and institutions, which is expected to boost revenues from a new brokerage business in Singapore.
Yen’s decline vs. US dollar ‘rapid, one-sided’: Japan official
The yen's depreciation against the U.S. dollar is "rapid and one-sided," Japan's top currency diplomat Masato Kanda said Monday, after the U.S. currency hit a seven-month high in the 143 zone. Asked ...
Japan exempts cryptocurrency issuers from 30% tax on unrealized gains
Cryptocurrency issuers in Japan are now exempt from paying a 30% corporate tax on unrealized gains on tokens under a June 20 revision to the law by the National Tax Agency. The tax change comes as ...
Factbox-Japan Ramps up Efforts to Strengthen Its Chip Industry
U.S. memory chipmaker Micron Technology said in May it planned to invest up to 500 billion yen ($3.5 billion) in extreme ultraviolet technology (EUV) over the next few years with support from the ... ( read original story ...)
Japan’s Mitsubishi UFJ to buy Indonesia auto loan firm Mandala for US$467 million
TOKYO/SINGAPORE: Mitsubishi UFJ Financial Group said on Monday (Jun 26) it was buying Indonesian auto loan provider Mandala Multifinance for 7 trillion rupiahs (US$467 million) to deepen its Asian ... ( read original story ...)
Japan protests Russia’s declaring Sept 3 as day of victory over ‘militaristic’ Japan
Japan has lodged a protest against Russia over the country's decision to declare Sept. 3 a day of victory over "militaristic Japan" - a move it said would fan mutual antagonism, the top government spokesperson said on Monday. ( read original story ...)
Japan’s Kurobe Dam begins water discharge event, delighting tourists
TOYAMA (Kyodo) -- Kurobe Dam, a tourist hotspot located in the Northern Alps in Toyama Prefecture in central Japan, began its annual water discharge event on Monday. The dam, Japan's tallest, releases 10 to 15 tons of water per second from the middle of ... ( read original story ...)
Japan’s Mitsubishi UFJ to buy Indonesia auto loan firm Mandala for $467 million
Mitsubishi UFJ Financial Group said on Monday it was buying Indonesian auto loan provider Mandala Multifinance for 7 trillion rupiah ($467 million) to deepen its Asian presence and tap consumption growth in emerging markets. ( read original story ...)
MUFG to Buy Indonesian Car Loan Company for $467 Million: Nikkei
Mitsubishi UFJ Financial Group will buy Mandala Finance, an automobile loan provider in Indonesia, for 7 trillion rupiah ($467 million), Nikkei reported. ( read original story ...)