Japanese National Tax Agency revision Earlier this week, corporate tax rules for cryptocurrency issuers were announced. The revised rule exempts crypto token issuers from paying corporate tax on unrealized gains on assets held. According toRead More
Earlier this week, it was announced that Japan Post has released a series of stamp artwork as NFTs. This is important because the initiative is backed by federal agencies in major countries, demonstrating that JapanRead More
Japan’s strongest crypto lobbying group says current tax rates are hindering the growth of the industry and is calling for lower taxes to prevent the outflow of talent. Bloomberg News Two top lobby groups, theRead More
In 2018, Japan established the Japan Cryptocurrency Exchange Association (JVCEA) to impose self-regulation on the crypto industry. The government wanted industry groups to be able to come up with dynamic policies for the industry andRead More
According to local government and industry experts, Japan’s self-regulatory “experiments” on the cryptocurrency industry are reported not working as intended. Since 2018, the self-regulatory body of the Japan Cryptocurrency Exchange Association (JVCEA) has been taskedRead More
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