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 ...
First Mover Asia: Bitcoin Opens the Week Above $30K Amid Rising Investor Optimism
ALSO: Ripple Asia's policy lead praises Japan’s crypto laws that favor consumer protection. Rahul Advani said that the country has created "a very clear taxonomy for digital assets." ...
Japan Implements Tax Exemption For Token Issuers
in japan, token issuers are no longer required to pay corporate taxes on unrealized cryptocurrency gains , per a june 20 revision of the law by the ...
Japan’s Nikkei reverses early losses as investors hunt bargains
Japan's Nikkei share average eked out small gains on Monday after early losses, as investors bought back beaten-down stocks following a sharp two-day drop.
Bank of Japan member called for early revision of YCC at June meeting
The Bank of Japan should discuss revising its yield curve control (YCC) policy at an early stage, a board member was quoted as saying at a June policy meeting, a summary of opinions at the rate review ...
Bank of Japan member called at June meeting for review of yield cap program
TOKYO (Kyodo) -- A Bank of Japan policymaker said that the central bank should review its yield cap program "at an early stage," noting its high costs, a summary of opinions from its June policy ...
Tokyo Stocks Open Lower With Eyes On Central Banks
Tokyo stocks opened lower on Monday after falls in global markets, with investors watching additional rate-hike plans by central banks to combat inflation.
Token issuers in Japan exempt from 30% crypto tax on paper gains
The tax exemption goes into effect nearly six months after the Japanese government approved a proposal eliminating the requirement for crypto firms to pay taxes on paper gains on tokens they issued ...
This Week on Crypto Twitter: More BlackRock Banter as Ripple and Crypto.com Grow Globally
Also: human rights activist Alex Gladstein warned that authoritarian governments could programme CBDCs with expiry dates to induce people to spend.
TradFi Will Push The Next Leg Of Crypto Adoption
Even as the SEC continues to crackdown on crypto exchanges, stablecoin issuers and many crypto-native firms, a silver lining for crypto adoption has emerged.
I got a new debit card before a 2-week trip to Japan, but there was a much more important card to have
I didn't withdraw as much money from ATMs as I thought I would, but I used several strategies during my trip to save money on every purchase.
He lost $340,000 to a crypto scam. Such cases are on the rise
Naum Lantsman was sure his cryptocurrency investments were making money. Every time he'd log on to the trading platform he was using, it looked like he was reaping windfall profits. But ...
Japan to lift the ban on foreign stablecoins like USDT in 2023: Report – Cointelegraph
None of the 31 crypto exchanges registered with Japan's Financial Services Agency are currently offering trading in stablecoins like USDT or USDC. Japanese ...
People claiming to have been duped by ‘Home Improvement’ star’s crypto scam say it was a ‘gut punch’
Zachery Ty Bryan is best known for his role as Brad Taylor on "Home Improvement" and a string of legal troubles including domestic violence charges.