Japan

Business
Development
Finance
Trading

Japan Explores Crypto ETFs

Japans Financial Services Agency is currently exploring interest in Exchange Traded Funds (ETFs) to track digital currencies. According to Bloomberg, the regulators in Japan last month decided against pursuing revisions to the nation’s securities law. This will allow cryptocurrency futures, options and other derivatives to be traded within the region. A person familiar with the […]

Read More
Finance
Legal
Trading

Japan to Tackle Crypto Tax Evasion

The Japanese government will be looking to establish a system to prevent tax evasion from those who have made big profits from cryptocurrency trading. Profits from crypto trading in Japan will be classified as miscellaneous income under the Income Tax Act. The employed who gain 200k yen a year in crypto earnings are required to […]

Read More
Business
Development
Technology

Microsoft Japan Partners with LayerX To Accelerate Domestic Uptake of Blockchain-as-a-Service

Microsoft Japan has announced partnering with blockchain startup LayerX. The new partnership seeks to promote BaaS within the domestic market. The announcement comes soon after the Azure Blockchain Development Kit was released earlier this month. The blockchain SDK enables seamless integration of applications into blockchains, and is built using Microsoft’s serverless technologies. The Microsoft Azure Blockchain-as-a-Service […]

Read More
Business
Charity
Public Sector
Social Sector

Binance’s Blockchain Charity Foundation Announces Donation Portal

On 24th October, Binance’s Blockchain Charity Foundation (BCF) announced their new blockchain donation portal. The announcement came at the World Investment Forum (WIF) held in the Geneva offices of the UN. Operating costs would be covered by Binance, allowing for 100% of donations to go towards the beneficiaries. In the announcement, Binance committed itself towards […]

Read More
Business
Exchange
Finance

Japan Looking to Cap Crypto Margin Trading

The Nikkei Asian Review has published an article stating that the Financial Services Agency in Japan is considering to cap margin trading in the crypto market. The move is intended to limit users exposure during volatility spikes. Approximately 80% of Japan’s cryptocurrency transactions in fiscal 2017 were conducted through margin trading, claimed by the Japan Virtual […]

Read More
Business
Exchange
Finance
Legal

FSA in Japan Gives Crypto Self Regulated Status

According to Reuters, the Financial Conduct Authority (FCA) in Japan has made the decision to grant the cryptocurrency industry self-regulatory status. This will allow the Japan Virtual Currency Exchange Association to sanction exchanges for any violations. It is claimed that the self regulatory rules are stricter than the current law. This would, therefore, allow more […]

Read More
Disclaimer: Investing in cryptocurrencies involves risk and should be based on advice from qualified financial professionals. You can incur substantial losses: consider whether this is in line with your investment objectives and circumstances. Posts are based on the authors' opinion and accurate to the best of our knowledge. Our posts are not independent/financial/investment advice, nor endorsements of any product/asset/service. We try to maintain the accuracy of our information however we rely on external data which may include errors. We are not liable under any circumstances for loss or damage as a result of using our information or services.