Japan crypto exchange DMM Bitcoin is set to liquidate: Report
DMM Bitcoin, which suffered a private key hack in May that caused a loss of $320 million in Bitcoin is reportedly ceasing efforts to revamp operations. Go to Source
Japan
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Metaplanet wraps crypto media deal months after buying first Bitcoin
Japan’s Metaplanet has been gathering up Bitcoin for around six months and now wants to enter the crypto media space launching a local version of Bitcoin Magazine. Go to Source
Japan passes stimulus package, commits to crypto tax reform
Proposed changes include taxing cryptocurrency at a 20% flat rate instead of the current variable ‘miscellaneous income’ rate. Go to Source
BIT Mining to pay $10M fine for bribing Japanese politicians in former life
BIT Mining, previously known as online sports casino 500.com, made around $2.5 million worth of bribes to Japanese officials between 2017 and 2019. Go to Source
Hitachi Solutions introduces Web3 development for enterprises
Hitachi is not a leading light in the Japanese blockchain, but it’s catching up with a comprehensive Web3 development package. Go to Source
Indo-Pacific Nations Outpacing the US in Crypto Regulation, SEC Commissioner Says
A U.S. Securities and Exchange Commission (SEC) commissioner has urged the U.S. to adopt a more proactive approach to crypto regulation, pointing to the leadership of Indo-Pacific nations like Japan, Singapore, and Hong Kong. He emphasized that these countries have crafted clear frameworks that foster innovation while protecting investors, in contrast to the U.S., where … Read more
Japan slow to approve crypto ETFs, maintains strict tax, regulations
While global markets embrace crypto ETFs, Japan’s strict tax policies and regulatory caution impede further adoption. Go to Source
Japanese authorities trace Monero, arrest 18 in $670K laundering case
The group of scammers has been under investigation by Japan’s newly formed cybercrime unit since August. Go to Source
Palau Collaborates With Japan to Introduce Blockchain Savings Bonds
The government of Palau has taken a major step towards integrating blockchain technology into its economy with the launch of Palau Invest, a digital savings bond platform. This initiative, developed in collaboration with Japan, offers citizens a unique opportunity to invest in national infrastructure projects and boost economic growth. Palau Launches Blockchain-Based Savings Bonds The … Read more
Japan’s Metaplanet makes $7M Bitcoin buy, bringing holdings to $40.5M
The Japanese investment firm has scooped up more than 200 Bitcoin so far this month. Go to Source
