Japan bitcoin – DIGIT INFO

BOJ ex-board member says another rate hike unlikely this year

DIGIT — Mon, 12 Aug 2024 01:08:25 +0000

The Bank of Japan is unlikely to raise interest rates again for the rest of the year, but it’ll be a “toss up” whether there will be another before March.

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BOJ’s Kuroda Criticizes Bitcoin — Central Bank Governor Says Trading Is ‘Barley Used for Settlement’

DIGIT — Fri, 28 May 2021 13:30:23 +0000

Following the recent developments in China and the environmental concerns about bitcoin’s energy consumption, the Bank of Japan Governor Haruhiko Kuroda criticized the leading crypto asset bitcoin in an interview on Thursday. BOJ’s Kuroda Says Bitcoin ‘Volatility Is Extraordinarily High’ Bitcoin prices have slumped again on Friday after a tumultuous week. After tapping a daily […]

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Japanese Assembly Members Seek to Make Tokyo a ‘Cryptocurrency Trading Center’

DIGIT — Tue, 11 May 2021 04:30:22 +0000

Japan is steadily becoming an area of interest for the cryptocurrency industry, and a politician in the capital city is looking to strengthen the trend. A member of the Tokyo Metropolitan Assembly wants to transform the Japanese capital into a “trading center” for cryptos. Blockchain as a ‘Growth Strategy’ to Create Industry Hub Yuu Ito, […]

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Japanese Court Convicts Bitcoin Tax Evader- Trader Gets a Year in Prison Plus Fine for $200K

DIGIT — Sat, 13 Mar 2021 05:15:58 +0000

Japanese authorities aren’t hesitating in hunting down anyone considered a crypto tax evader. A court in Ishikawa has sentenced one of them, a 56-year-old man that will spend one year in prison, plus pay a $200,000 fine. Sentenced Man Didn’t Disclose His BTC Trading Activity of the Period 2017-2018 According to Chunichi, a judge at […]

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Thailand Authorities Are Targeting Japanese Crypto Holders to Boost Tourism

DIGIT — Tue, 23 Feb 2021 09:05:55 +0000

Thailand seems to be interested in catching Japanese crypto holders’ attention via tourism. The country wants to establish a crypto-friendly touristic hotspot and the first targeted country is the nation of the rising sun. Program Aims to Add New Segments With ‘High Spending’ Per Bangkok Post, the Tourism Authority of Thailand (TAT) seeks to put […]

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Japan’s Largest Bank to Launch Cryptocurrency Exchange

DIGIT — Tue, 16 Jan 2018 18:58:18 +0000

As bitcoin trading becomes the new mainstream in Japan, leading financial firms are stepping in to offer services to preserve their market share. MUFG, the largest bank in the country, is now planning to launch its own exchange, a pegged cryptocurrency and bitcoin segregated accounts for clients of other exchanges. Also Read: Some UK Mortgage […]

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