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The operator of Line, Japan’s most popular chat app with approximately 200 million users worldwide, has confirmed the upcoming launch of its cryptocurrency exchange called Bitbox. The new platform will list more than 30 of the most popular cryptocurrencies, offering “low trading fees”. Supporting 15 languages, the new exchange will launch globally, except for two … Read more
Korea’s Kakao Corporation’s blockchain subsidiary is considering offering a private placement next month to gain capital from consumer service companies Go to Source Powered by WPeMatico
Japan’s LINE Corp. announces new crypto exchange BITBOX, which has a ‘tentative’ launch date next month Go to Source Powered by WPeMatico
Japan is a very different country when it comes to cryptocurrency activity. With its open-minded approach and legitimization of Bitcoin, an interesting situation has been created. It now seems officials will subject crypto investors to credit evaluations. Another Positive Regulatory Development In Japan, cryptocurrency regulation has become rather interesting to keep an eye on. More … Read more
Crypto exchange Huobi notified its Japanese customers via e-mail on Wednesday that it will be closing accounts of users who are residents of Japan. According to Huobi, their decision came up as a result of compliance issues with the Japanese law. Also read: Huobi Creates Its Own Cryptocurrency Exchange-Traded Fund (ETF) No Japanese Traders on Huobi … Read more
Japan — once seen as a crypto-liberal haven — now has some of the most stringent and decisive regulations for exchanges Go to Source Powered by WPeMatico
Six fully-licensed Japanese cryptocurrency exchanges have responded to the business improvement orders issued by the country’s top financial regulator. Two executives have also resigned from their positions as vice presidents of the recently formed crypto exchange association. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Japan’s top financial regulator, the Financial Services Agency (FSA), … Read more
Cryptocurrency traders in Japan currently can be taxed as high as 55% on their profits. However, the country’s Deputy Prime Minister, Taro Aso, wants to change how crypto transactions are taxed, from a progressive rate to a uniform rate. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Aso Wants to Change Crypto Taxation The Japanese … Read more
Japan’s Minister of Finance suggests changing crypto tax group to “separate self-assessment taxation,” but thinks public may not think it is fair Go to Source Powered by WPeMatico
Japan’s Virtual Currency Exchange Association has lost both its vice presidents, after their exchanges received regulatory notices Go to Source Powered by WPeMatico