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Animoca Brands Japan Raises $45 Million to Expand Its Web3 Business
26.8.2022
Animoca Brands, a leader in Web3 investments and crypto games in Asia, is expanding into Japan due to its local company obtaining $45 million in the capital at a $500 million pre-assessment. Animoca Brands KK, a corporate strategy subsidiary of Animoca Brands Corp. Ltd., has raised an aggregate...
Japan Looks at Corporate Crypto Tax Breaks to Entice Startups: Report
26.8.2022
Two crypto lobby groups recently asked the government to reform crypto tax laws in the country, where investors can pay up to 55% on capital gains
Animoca Brands Japan Raises $45M at $500M Pre-Money Valuation
26.8.2022
Animoca Brands Japan raised the funds from its parent firm and MUFG Bank
Japan considers implementing tax reforms to prevent capital flight of crypto startups
25.8.2022
Industry experts say that the current scheme is stifling domestic innovation in the virtual currency sector
US Sullivan Bank Partners with Bakkt to Enable BTC, ETH Support, SCB Scraps Bitkub Acquisition Plans, LiquidX Takes 70% Stake in Anime Metaverse + More News
25.8.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. __________...
Read More: US Sullivan Bank Partners with Bakkt to Enable BTC, ETH Support, SCB Scraps Bitkub Acquisition Plans, LiquidX Takes...
Texas Bitcoin Mine Whinstone Countersues Japan's GMO Internet, Seeks $15M Damages in Four-Year Dispute
25.8.2022
The companies' dispute dates back to 2018, but the lawsuit appears to have been triggered by more recent increases in electricity prices
Our Favorite Photos From Japan Expo 2022, Europe's Biggest Cosplay Show
24.8.2022
Just like big shows in the US, cosplay conventions are slowly returning to the calendar in Europe as well, and that includes Japan Expo, held in France and the biggest of its kind on the continent.Read more
Japan’s bitFlyer Will ‘Pay Close Attention’ to Any Ethereum Proof-of-Work Hard Fork
24.8.2022
The Japanese crypto exchange bitFlyer has said it will “pay close attention” to any hard forks that may happen as a result of Ethereum’s (ETH) transition from proof-of-work (PoW) to proof-of-stake (PoS), and that forked tokens that continue to rely on PoW could be supported.
Writing in a blog post...
Mayor of Japan’s Fukuoka Visits Ripple HQ to Talk Web3
23.8.2022
The Mayor of one of Japan’s biggest cities has paid a visit to the San Francisco headquarters of Ripple – further strengthening the ties between Japan and the American crypto firm.
In a Twitter post last week, Emi Yoshikawa, the Ripple Vice President of Strategy and Operations posted a photo...
Leading Japanese Online Broker SBI to Pull Out of Russia’s Crypto Mining Sector
21.8.2022
SBI Holdings, the largest online brokerage in Japan, is shutting down its crypto mining business in the Russian Federation. Amid mounting uncertainty over the future of such investments due to the ongoing conflict in Ukraine, as well as decreased mining profits, the financial firm said it plans...
Hodlnaut & Swyftx Lay Off Staff, USD 9M Carried Out in eNaira, MTV's 'Best Metaverse Performance', Crypto Green and Red Regulatory Lights + More News
19.8.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. __________...
Read More: Hodlnaut & Swyftx Lay Off Staff, USD 9M Carried Out in eNaira, MTV's 'Best Metaverse Performance', Crypto Green and...
Russian Hospital Employee ‘Mined Crypto in a COVID-19 Ward’; SBI Crypto to Halt Mining in Russia
19.8.2022
A Russian medical specialist could face up to two years behind bars after authorities caught him allegedly running an illegal mining setup in a facility designed to treat coronavirus patients.
The specialist had been placed in charge of information security at a state-run hospital...
SBI lost 40% of hash rate after stopping mining in Russia: Data
19.8.2022
After terminating mining operations in Russia's mining-rich region of Siberia in February, SBI still continues running some mining activity in the country
South Korean Kok Play Token Masterminds Reportedly Face Prosecution Probe, Investors 'Must Escape Now'
19.8.2022
South Korean prosecutors are reportedly set to investigate the company behind an Ethereum (ETH)-based altcoin named Kok Play over allegations of fraud.
The coin is, per its white paper, the brainchild of the Kok Foundation, and has been listed on a number of large international crypto exchanges....
BitGo Lawyers Up, Hodlnaut Files for Protection, XP Launches Trading Platform, Ripple's and SBI Remit's New Project, No-Deals + More News
16.8.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. __________...
Read More: BitGo Lawyers Up, Hodlnaut Files for Protection, XP Launches Trading Platform, Ripple's and SBI Remit's New Project...
Fire Breaks Out At Nintendo Headquarters
16.8.2022
NHK is reporting that yesterday afternoon a small fire broke out at Nintendo’s corporate headquarters in Kyoto.Read more
Japan Appoints Political Heavyweight as New Digital Minister, Boosting Web3 Hopes
13.8.2022
Hopes are high in Japan that the government will put Web3 development at the front and center of its economic plans – after its Prime Minister appointed a new minister in charge of digital affairs.
On Twitter, the politician Taro Kono announced that he had been appointed to the post by the Prime...
Japanese Crypto Industry Urges Tokyo to Reform Tax Laws
6.8.2022
Japanese cryptoasset-related firms have urged the government to make tax reforms – claiming that the current system is out of sync with tax rules in other countries.
The proposals come from the Japan Cryptoasset Business Association (JCBA) and the Japan Virtual Currency Exchange Association...
Japan may see a reduced 20% tax on crypto earnings with new proposal
4.8.2022
The proposal calls for a separate 20% tax on crypto earnings and exemptions of any tax on crypto gains, with losses carried forward for up to three years
After four years, Japan brings back its first crypto ATM
4.8.2022
Local exchange Gaia Co. is set to roll out crypto ATMs in Tokyo and Osaka and has outlined plans for 130 of them over the next three years