Token issuers in Japan exempt from 30% crypto tax on paper gains
Japan’s National Tax Agency published a partial revision of its corporate tax guidelines, implementing new tax rules for token issuers. Go to Source Powered by WPeMatico
Japan
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Limited generative AI usage to be allowed in Japanese schools
The Japanese Ministry of Education plans to allow limited use of generative AI, like ChatGPT, in elementary, junior high and high schools across the country. Go to Source Powered by WPeMatico
How regulators are mitigating the risk of extinction from AI: Law Decoded, May 29–June 5
There is no shortage of regulatory efforts to mitigate the negative impacts of artificial intelligence. Go to Source Powered by WPeMatico
OpenAI gets warning from Japanese regulators on data collecting
Japanese privacy watchdog warned OpenAI about collection of sensitive data without permission or else further action will be taken. Go to Source Powered by WPeMatico
Japanese AI experts raise concern over bots trained on copyrighted material
Takashi Kii, the Member of the House of Representatives for 10 Wards of Fukuoka indicated that he is pushing for regulation to protect copyright holders from being infringed on by AI. Go to Source Powered by WPeMatico
XDC Network gets Japanese foothold via partnership with SBI subsidiary
After a fruitful spring season, the XDC Network (XinFin) expands its presence in the Japanese market via SBI VC Trade. Go to Source Powered by WPeMatico
Japan’s largest airline launches NFT marketplace
The platform is part of Air Nippon Airways’ ongoing expansion into the intersection of airlines and Web3. Go to Source Powered by WPeMatico
bitFlyer adopts crypto deposit limits to comply with Travel Rule
While adopting restrictions on transactions between exchanges, bitFlyer still supports transactions to and from self-custody wallets like MetaMask. Go to Source Powered by WPeMatico
From Beijing to Tokyo, Asian nations get active in crypto regulation: Law Decoded, May 22–29
Lawmakers in Japan have decided to enforce stricter Anti-Money Laundering measures to trace cryptocurrency transactions from June 1. Go to Source Powered by WPeMatico
Binance kicks off transition to new platform in Japan
The move follows the acquisition of the regulated crypto exchange Sakura Exchange Bitcoin (SEBC) in November 2022. Go to Source Powered by WPeMatico
