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Search Results for: japan

JasmyCoin (JASMY) Surges as Japan Advances Digital Asset Regulation

JasmyCoin (JASMY), the leading cryptocurrency project in Japan, has displayed a significant surge in value over the past few days. According to CoinMarket data, JASMY has soared by over 30% in the last 24 hours, reaching $0.0124, marking a staggering 93% increase in just one week. This surge coincides with

February 21, 2024 2 mins read

Japan Approves Direct Crypto Investments For Venture Capitalists

In a major development for Japan’s financial landscape, the nation’s cabinet has greenlit a proposal that would allow cryptocurrencies to be included in the list of assets accessible to local investment limited partnerships. This move, announced by the Ministry of Economy, Trade and Industry on February 16, marks a pivotal

February 19, 2024 2 mins read

Japan’s Regulators Suggest Banks to Block P2P Crypto Transfers

Japan’s peer-to-peer (P2P) crypto market may face a new obstacle because of the country’s financial regulator and police agency. They have suggested banks stop transfers to crypto platforms if the sender’s name does not match the account name. The Financial Services Agency (FSA) and the National Police Agency (NPA) have

February 14, 2024 2 mins read

Zebec Debuts in Japan with Innovative Payroll and Payments Fintech

NEW YORK–(BUSINESS WIRE)–Zebec, a category-defining fintech startup, proudly announces the launch of its advanced web3 payment and real-time payroll services in Japan. This strategic move not only marks Zebec’s continued global expansion but also underscores its commitment to fostering collaborative financial innovation worldwide. Japan, known for pioneering a regulatory framework

January 9, 2024 2 mins read

Japanese E-commerce Giant Mercari Embraces Bitcoin Payments

Japan is a crypto-friendly nation, and businesses there are now trying to figure out how to increase Bitcoin utilization. According to Mercari, one of the biggest e-commerce platforms in Japan, users will be able to buy using Bitcoin beginning in June this year. The business’s cryptocurrency subsidiary, Melcoin, located in

January 8, 2024 2 mins read

Web3 Firms Unite in Crypto Donations for Japan Earthquake Relief

A 7.5-magnitude earthquake struck Japan’s western coast on January 1, 2024, causing destruction across Ishikawa and surrounding prefectures. In the aftermath, prominent Web3 companies based in Japan have taken action to gather cryptocurrency donations to aid relief efforts. Oasys Japan, a major player in the Web3 industry, began accepting donations

January 2, 2024 2 mins read

Japan-based Monex Group to Acquire Controlling Stake in 3iQ

The Japanese asset manager, crypto exchange, and brokerage company Monex Group has declared its intention to acquire 3iQ Digital Holdings’ controlling share. In a statement made on December 28th, Monex said that 3iQ’s background in listing early Bitcoin and Ethereum exchange-traded funds in North America was a factor in the

December 29, 2023 2 mins read

Japan Eases Crypto Tax Burden for Businesses in 2024 Reform

The Japanese government adopted the framework for crypto tax reform for fiscal year 2024 at a cabinet meeting that took place on December 22nd. A major adjustment affecting firms holding crypto assets comes with this change. Corporations owning virtual currencies issued by third parties are no longer subject to the

December 24, 2023 1 min read