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Japanese Government Plans to Relax VC Crypto Investment Rules
19.2.2024
VC crypto investment rules could be relaxed in Japan, where the government plans to allow venture capital firms to invest in Web3 companies. Per an official release from the nation’s Ministry of Economy, Trade, and Industry, and the media outlet CoinPost, the cabinet has approved a move that could...
Japanese Government, Central Bank Readying CBDC Legislation
30.1.2024
Japan is nearing the launch of its CBDC, the digital yen, with the government and central bank laying the legislative groundwork for a rollout. Neither the Bank of Japan (BoJ) nor the government has yet officially committed to a CBDC launch. However, the BoJ has recently sped up the development...
Japanese Cabinet Approves Tax Reform Eliminating Unrealized Crypto Gains Tax for Companies
25.12.2023
The Japanese government has approved a tax reform that removes some crypto taxes for corporations and conglomerates. The reform, discussed since early December, removes the unrealized gains taxes on crypto holdings for companies, paving the way for them to hold crypto assets more consistently....
Japanese Government Sanctions Crypto Exchange Linked to Hamas
31.10.2023
The Japanese government has taken action to freeze the assets of nine Hamas operatives and a cryptocurrency trading company that were involved in financing the terrorist organization. This decision was reached during a cabinet meeting on the 31st October, Yonhap News reported. Governments Sanction...
‘Community-Based IP’ — Yuga Labs CEO Describes Web3 Evolution of Licensing to Japanese Government Official
29.7.2023
In a recent “fireside chat” with the deputy director of the Web3.0 Policy Office of Japan’s Ministry of Economy, Trade, and Industry, Yuga Labs CEO Daniel Alegre noted: “We’re not even in the first inning” of where Web3 “evolution” is going to...
Japanese Government Mulls Promoting NFTs in Sport
7.4.2023
The Japanese government may push to adopt non-fungible tokens (NFTs) in the sports industry.
Nikkei reported that Tokyo could move after the ruling Liberal Democratic Party Web3 “Digital Society Promotion” team issues a white paper on the matter.
The white paper is yet to be published,...
Japanese Government Set to Adopt FATF Crypto AML Guidelines into National Law
5.12.2022
The Japanese government is preparing to enshrine the Financial Action Task Force (FATF)’s crypto anti-money laundering (AML) guidelines into the legal code – after the country’s parliament voted in favor of the measure.
NHK reported that MPs voted for the Revised Act on Prevention of Transfer...
Japanese Government: We’ll Take ‘All Possible Measures’ to Help FTX Japan Customers
14.11.2022
The Japanese government has vowed that it will do all it can to protect customers of FTX’s Japanese subsidiary, FTX Japan. But the exchange has announced that its clients’ funds are safe.
Nikkei quoted the nation’s Finance Minister Shunichi Suzuki as explaining that regulators had hit FTX Japan...
Japanese Government Rewards Local Authorities With Non-Transferable NFTs
9.9.2022
According to reports, the Japanese government is one of the first countries to use non-fungible tokens (NFTs) as a supplementary award to local authorities that excelled in a digitization competition. The awards were given to local authorities as recognition for their efforts in using digital...
Japanese Government Presents Local Authorities with NFTs in National First
6.9.2022
Japan’s cabinet has handed out non-fungible token (NFT) awards – in a new first for the nation’s government.
The tokens were distributed to the local government authority winners of a nationwide digitization competition and represent “digital certificates” of achievement, CoinPost...
NFT Taskforce Asks Japanese Government to Consider Appointing Web3 Minister
6.4.2022
In a recently released white paper, a Japanese non-fungible token (NFT) taskforce has asked the government to consider appointing a government minister whose job it would be to oversee all matters relating to Web3. Building the Support Structure for Japan’s NFT Sector A Japanese NFT policy...
Japanese government considers relaxing strict coin listing rules
4.2.2022
If passed, the rules reform could make it easier for domestic exchanges to list more crypto without needing to go through a long screening process
Japan’s Top Financial Watchdog Sends a Warning Crypto Derivatives Exchange Bybit
31.5.2021
The Japanese government’s Financial Services Agency (FSA) has issued a warning to the crypto derivatives exchange Bybit claiming that the trading platform is allowing residents of Japan access to the exchange. The news follows the Bank of Japan Governor Haruhiko Kuroda criticizing digital...
The Japanese Government Could Change Cosplay Forever
25.1.2021
Currently, anyone in Japan is free to dress as their favorite characters. That will continue, most likely, but there might be big changes for those who make money from cosplaying—and possibly, even for those who don’t.Read more
Japanese Government Urges Blockchain ‘Cooperation’ + More News
24.8.2020
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
Regulation news
The Japanese finance minister and deputy prime minister Taro Aso has addressed the country’s blockchain industry, asking for...
Japanese Government Set to Include CBDC in Official Economic Plan
15.7.2020
The Japanese government is getting serious about a CBDC
Japanese Government Green-lights New Crypto, STO Regulations
6.4.2020
After a slight delay due in part to the coronavirus outbreak, the Japanese government has green-lighted two new legal crypto exchange-specific amendments to existing financial acts, paving the way for new banking regulations and cold wallet requirements. The new laws will also potentially pave...
Foreign Ownership in IT and Telecom to be Restricted by Japan
27.5.2019
Cybersecurity has been a recurring issue for the most government over the past decade or so and the worries went up several notches when the United States accused Chinese telecom giant of being a vehicle for spying for Beijing. The company was eventually banned and blacklisted, but many other...