According to the new IRS ruling, staking rewards are taxed at the time you gain dominion and control over a token. In simple terms, when you achieve the ability to sell, exchange or dispose of the ...
PayPal to Issue Dollar Pegged Crypto Stablecoin: Bloomberg
Global payments giant PayPal is entering the cryptocurrency market with its own U.S. dollar-pegged stablecoin, PayPalUSD, as per a Bloomberg report. The token will soon be available to PayPal users in ...
Japan eyes Fukushima water release from late August
TOKYO (Kyodo) -- Japan is considering beginning the release of treated radioactive water from the Fukushima nuclear power plant into the sea between late August and early September, even though local ...
Japan could start Fukushima water release by end of this month: Report
The decision comes 12 years after the devastating earthquake and tsunami that led to the Fukushima nuclear meltdown. ( read original story ...)
Troubled Toshiba announces buyout offer led by Japan businesses
Toshiba has announced a 2 trillion yen, or $14 billion, tender offer in a move that would take it private, as the scandal-tarnished Japanese electronics and energy giant seeks to turn itself around. ( read original story ...)
Japan’s factory activity falls on soft orders
TOKYO, Aug 1 - Japan's factory activity contracted at a faster pace in July, a business survey showed on Tuesday, taking a hit from soft orders amid weakening global economic conditions. ( read original story ...)
Japan’s workers get rare pay bump after decades without a raise
“I think it will not necessarily lead to sustainable wage acceleration.” For some Japanese business owners, particularly those running small and medium-sized enterprises, the government’s ... ( read original story ...)
Massive Grass Fire Breaks Out At Fireworks Festival Venue In Tokyo, Japan 5
This footage was filmed and produced 5 August 2023. A large grass fire broke out at the Itabashi Fireworks Festival in northwestern Tokyo on Saturday, August 5, forcing the cancellation of the event due to safety concerns. According to the Metropolitan ... ( read original story ...)
Crypto’s fear and loathing: Will TradFi take over?
The crypto industry is experiencing its longest bear market in history, but the potential for institutional adoption represents a light at the end of the tunnel. While some regulatory hurdles remain, ...
Crypto Options Traders Are Still Shorting Bitcoin Volatility
There is a lot of market chatter about an impending volatility explosion in bitcoin (BTC). Still, some crypto traders retain a bias for shorting volatility, that is setting up strategies that bet ...
Leaders Vissel suffer shock loss to Yokohama FC
Vissel Kobe suffered a major slip-up on Sunday as they now lead the J1 League only on goal difference after a shock defeat to struggling Yokohama FC. ( read original story ...)
Pokémon card shop in Osaka says it will refuse to buy cards from any Vietnamese people
Gotcha is a store in downtown Osaka that deals primarily in Pokémon cards, and to a lesser extent Yu-Gi-Oh! ones too. Like a lot of collectibles shops, Gotcha operates as a buyer and a seller, both ... ( read original story ...)
Train near Tokyo hits pole; hundreds stuck in stifling heat
A train scheduled to accommodate a fireworks display near Tokyo crashed over the weekend, trapping hundreds of passengers without air conditioning for hours. ( read original story ...)
Japanese oil refiner taps into blue carbon, eyeing crediting business
Japanese oil refiner taps into blue carbon, eyeing crediting business; Australia Market Roundup: Santos signs MoU on Bayu-Undan CCS, NZ hydrogen company secures NSW ... ( read original story ...)
SoftBank eyes profit after Vision Fund’s US$48bil losses
The Japanese conglomerate is fighting to regain its footing after losing ¥6.9 trillion (US$48 billion) at the Vision Fund investment unit in the last two fiscal years.
Japan’s Nikkei ends higher; Astellas surges on US FDA nod for treatment
Japan's Nikkei share average reversed course to end higher on Monday as investors took a fresh view on strong domestic corporate earnings, while drugmaker Astellas surged on the U.S. approval of ...