The IRS appears to believe that millions of crypto transactions might still be unreported, and it wants to fix this, so be careful out there. ( read original story ...)
Japan’s high taxes chase away bankers
Japan’s push to make itself a more attractive financial hub faces a taxing problem if it is to stop the drip-drip departure of finance professionals to other countries in Asia. While the COVID-19 ... ( read original story ...)
20 for 2020: Sports figures that defined courageous and kind, selfish and stubborn
A glimpse at 20 sports men and women for 2020 – from the gallant to the galling, and the many who, like all of us, learned an awful lot along the way. ( read original story ...)
China’s carbon neutral goal: Hitachi to build world’s biggest plant in Shaanxi to mix carbon dioxide, hydrogen into methane
The facility, a pilot project, is part of a Sino-Japanese collaboration on carbon reduction. Osaka-based Hitachi Zosen, a 139-year-old former shipbuilding giant that now focuses on energy from waste, ... ( read original story ...)
Japan shares end near three-decade high after Trump signs stimulus bill
Japanese shares rose in holiday-thinned trade on Monday towards the highest in nearly three decades as investors continued to bet that U.S. fiscal stimulus and coronavirus vaccinations will quicken ... ( read original story ...)
Ghosn Case Haunts Japan A Year After Shock Escape
A year after Japan learned with horror that Carlos Ghosn had jumped bail to become the world's most famous fugitive, the fiasco and its repercussions continue to haunt the country. ( read original story ...)
Japan stocks rise on U.S. stimulus, vaccine hopes; Sharp shares drop
Japanese shares rose in holiday-thinned trade on Monday as investors continued to bet that U.S. fiscal stimulus and coronavirus vaccinations will quicken the global economic recovery. ( read original story ...)
Japan stocks set for lower open; data shows China’s industrial profits rose in November
Profits at Chinese industrial firms in November rose 15.5% as compared with a year earlier, according to data released by the country's National Bureau of Statistics over the week ... ( read original story ...)
Japan a Hard Sell for Bankers When Taxman Can Take Half
Japan’s push to make itself a more attractive financial hub faces a taxing problem if it is to stop the drip-drip departure of finance professionals to other cities in Asia. ( read original story ...)
Japan’s Suga slips to 42% approval rating in new Nikkei poll
The approval rating of Suga's cabinet sank to 42% in a weekend Nikkei/TV Tokyo survey -- down 16 percentage points from the previous poll, taken in November. Disapproval climbed 16 points to 48%. The ... ( read original story ...)
‘There is no emergency,’ say crypto firms as US plans new ownership disclosure rules
Coinbase, Kraken, and other crypto exchanges are pushing back against a US Treasury proposal to require them to log personal details for transactions. ( read original story ...)
2021 crypto outlook: Bitcoin faces US regulatory scrutiny after record-breaking rally
Janet Yellen, who’s been nominated to serve as Treasury secretary in Biden’s administration, has in recent years cautioned investors over Bitcoin, saying it was a 'highly speculative asset' and 'not a ... ( read original story ...)
Crypto’s Choice: Join the Financial System or Fight It
Integrate with the existing financial system's rules? Or choose to fight for its anti-status quo principles? That's the question. ( read original story ...)
Japan pulls out all policy stops in hunt for Asia financial talent
Tokyo, Osaka and Fukuoka have thrown their hats into ... inheritance tax exemptions for foreign assets and let skilled finance workers remain exempt regardless of the length of their residency. ( read original story ...)
Biden Administration May Roll Back Some Crypto Regulations, Top Banking Regulator Warns
The top U.S. banking regulator is concerned that the Biden administration may roll back some cryptocurrency regulations aimed at protecting consumers. This includes allowing national banks to custody ... ( read original story ...)
Crypto’s Big Rupture Is Coming in 2021
After a crazy year with predictably strong growth in decentralized finance (DeFi) and store-of-value (SoV) crypto assets generally, things are about to get weird. Diversification is the only way to ... ( read original story ...)