Metaplanet Eyes Bitcoin-Backed Digital Credit as Japan Explores Blockchain Finance
Metaplanet, JPYC, and Progmat have launched a joint study to explore Bitcoin-backed digital credit products in Japan, signaling a growing interest in using BTC as…
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Japanese Village Leverages NFTs to Create Sustainable Support for Older Residents
Remote Japanese Village Embraces NFTs to Support Aging PopulationNestled in the picturesque Niigata mountains of Japan lies Yamakoshi, a village facing a common…
Japan is planning to reduce the 30% tax on crypto revenues
As of now, crypto issuers in Japan must pay a corporation tax rate of 30% on their assets, regardless of whether or not they have made a profit from selling them.
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Ripple and SBI Remit team together to provide real-time Japan-Thailand payments
Ripple said its expanding presence in Asia-Pacific is made possible by advancing crypto legislation and business advancements.SBI Remit of Japan will use…
Japan’s central bank rejected CBDC proposals owing to the low public interest
Despite investigating the technical aspects of issuing a central bank digital currency (CBDC) since 2021 and beginning the second phase of experimentation in April,…
The Bank of Japan will exercise caution when testing the digital yen
Recent years have witnessed a growing interest in central banks' digital currencies (CBDCs). Some are already conducting advanced tests on their digital currencies.…
Japanese Tax Administration Updates Crypto Staking and Lending Guidelines
Japan's tax authority, the National Tax Agency, has updated its cryptocurrency FAQs to include information on staking and crypto lending. However, the body made no…
Banks In Japan Will Begin Testing Digital Currencies
Japan’s biggest banks are all set to start testing digital currency payments soon.Japan’s largest banks are planning on testing digital currency payments soon.…
Cardano Has Been Approved For Trading On Japanese Crypto Exchanges
Japanese regulators approved Cardano’s native currency, ADA. They also allowed it to trade on Japanese crypto exchanges.Japan has been crypto-friendly since its…