Japan Approves  Crypto ETFs and Propose Taxes Reduction of 20%

Japan has set out to make significant changes to its cryptocurrency rules. The ruling party has introduced a new framework under the Financial Instruments and Exchange Act.  Japan’s Liberal Democratic Party (LDP) , which is the nation’s ruling political party, is advancing some significant regulations in regards to cryptocurrency.  Japans Plan to Lower Crypto Taxes […]

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BitFlyer founder seeks to reinstate self as CEO, leading firm to IPO: Report

Despite stepping down as CEO three years ago, Yuzo Kano has continued to have a significant influence on the company, given he’s the Japan-based crypto exchange’s largest stakeholder.

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What Japan’s Adjusted Regulations Mean for Stablecoins

The Financial Services Agency of Japan confirmed it would lift the ban on the domestic use of foreign stablecoins.

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Japan Considers Lifting Restrictions on Foreign Stablecoins After Ban

The FSA is seeking public feedback on the draft regulation that will allow Japanese exchanges to enable stablecoin trading.

The post Japan Considers Lifting Restrictions on Foreign Stablecoins After Ban appeared first on BitPinas.

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Japan Advances LLC-Type DAOs: Easing Tokenized Membership Rights Regulations

Japan proposes amendments to ease regulations on tokenized membership rights for Decentralized Autonomous Organizations (DAOs), aligning tokenized rights with traditional company memberships, marking a significant step towards fostering DAO operations. (Read More)

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Japan political party leader promises crypto tax cuts if elected

A tax cut to 20% is part of Democratic Party for the People leader Yuichiro Tamakis broader plan to make Japan a Web3 leader.

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Japan's FSA Warns Binance and Others for Operating Without Registration

Japan's Financial Services Agency (FSA) has warned several foreign cryptocurrency exchanges, including Binance, of conducting business in the country without proper registration, violating the nation's fund settlement laws. The FSA has been cracking down on unregistered crypto exchanges since 2020, and this warning signifies that the cryptocurrency industry in Japan and other nations is facing greater regulatory scrutiny. (Read More)

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Bybit Among Four Exchanges Flagged by Japan’s Regulator

Japanese financial watchdog warned Bybit, Bitget, and other exchanges for operating without registration in the country.

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