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Japanese Crypto Issuers Won't Pay Taxes on Unrealized Gains, Govt. Clarifies
26.6.2023
Token issuers in the country were subject to a 30% corporate tax for unrealized gains on their own tokens
Crypto Companies in Japan Get Tax Relief Under Revised Rules
26.6.2023
The tax administration of Japan has provided an exemption to companies issuing cryptocurrencies under a revision of the corporate tax rules. A local crypto media report described the move as a step toward improving the business environment for the digital asset sector in the country. Japan...
What Your Cosplay Says About You: Brutal Callout Edition
23.6.2023
Ten years ago I went to my first New York Comic Con dressed in a perfectly fine Doctor Who cosplay (Tenth Doctor, of course). My outfit was more a collection of H&M pieces and a pair of Converse I already owned rather than a bespoke look crafted by me in my parents’ garage, but donning such...
Our Favorite Cosplay From Dreamhack Melbourne 2023
23.6.2023
From Comic-Con to C2E2, the vast majority of cosplay coverage you see on this website comes from American conventions. Which is fine! This is an American website, many of the world’s biggest shows are in the US and our intrepid cosplay photographer Mineralblu is also American.Read more
Limited generative AI usage to be allowed in Japanese schools
22.6.2023
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
Should You Play Cyberpunk 2077 Now Or Wait For Phantom Liberty?
20.6.2023
If you’ve been on the internet between December of 2020 to right now, you’ve probably heard something about the supposed Cyberpunk 2077 renaissance. That redemption arc seems to be finally coming to fruition with the upcoming Phantom Liberty expansion, which promises a complete overhaul of...
Japanese Megabank Mitsubishi UFJ to Launch Stablecoin Issuance Platform in 2024
7.6.2023
The Japanese banking giant Mitsubishi UFJ says it will launch a cross-chain stablecoin issuance and interoperability platform next year.
In an official Mitsubishi UFJ announcement, the firm stated that it would work with a Tokyo-based company named Datachain to “build cross-chain infrastructure...
Japan Blockchain Week 2023 Supported by Ministry of Economy, Trade and Industry
6.6.2023
PRESS RELEASE. The Japanese Ministry of Economy, Trade and Industry (METI) has confirmed its support for Japan Blockchain Week 2023, establishing it as a significant platform for both the global and Japanese blockchain communities to convene, building upon the success of the previous year’s...
Japanese Banking Giant MUFG to Deploy Stablecoins on Public Blockchains
6.6.2023
Mitsubishi UFJ Financial Group (MUFG), the largest bank in Japan, announced its plans to deploy and distribute bank-backed stablecoins on different public blockchains. The Japanese bank has partnered with Datachain, a blockchain interoperability company, and Toki, a cross-chain bridge, to allow...
MUFG to facilitate Japanese bank-backed stablecoins via Progmat Coin platform
3.6.2023
MUFG hasn’t revealed what firms will be the first to utilize its platform, however a handful of banks have reportedly already opted for a separate stablecoin solution
OpenAI gets warning from Japanese regulators on data collecting
2.6.2023
Japanese privacy watchdog warned OpenAI about collection of sensitive data without permission or else further action will be taken
Japanese AI experts raise concern over bots trained on copyrighted material
1.6.2023
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
Japanese Stablecoin Ban Lifted, Banks Prepare Move
1.6.2023
Japanese firms can now issue stablecoins, after a long-awaited piece of legislation came into effect today.
The revised Payment Services Act was promulgated at midnight on June 1, 2023.
Under the terms of the act, all token-issuing firms must be able to prove they have the underlying assets that...
XDC Network gets Japanese foothold via partnership with SBI subsidiary
31.5.2023
After a fruitful spring season, the XDC Network (XinFin) expands its presence in the Japanese market via SBI VC Trade
Binance Readies Japan-Focused Crypto Platform, Set for Summer Launch
30.5.2023
Binance has begun the process of transitioning Japanese users of its international crypto exchange to a specialized local platform, the company confirmed in a blog post on Friday.
The separate exchange is designed to comply with local regulations that the international exchange cannot meet. ...
Binance Launching New Crypto Trading Platform in Japan This Summer to Comply With Regulations
29.5.2023
Global cryptocurrency exchange Binance says it has created a new crypto trading platform for Japan residents that will be available this summer. The new exchange will fully comply with Japanese crypto regulations and will offer trading of a limited number of tokens initially, according to...
Japan to Apply Tougher Crypto AML Regulations, ‘Travel Rule’ in June
25.5.2023
Stricter anti-money laundering (AML) measures for the crypto sector in Japan will enter into force next month, local media reported. The new rules were adopted to align the country’s legal framework for cryptocurrencies with global standards in the field. Japan to Enforce Legislation Allowing...
Japanese Gov’t Green-lights Travel Rule Adoption – Are Crypto Exchanges Struggling to Comply?
24.5.2023
The Japanese government has approved the adoption of the Travel Rule, with a new law set to come into force next month.
But domestic exchanges are experiencing difficulty with adoption, leading to crypto withdrawal difficulties.
Per Sankei News, the cabinet of ministers has signed off on...
That Sad Zelda Trailer Was Based On A Japanese Amazon Review
24.5.2023
Hey, remember that excellent/tragic Zelda commercial from Tears of the Kingdom’s launch, where a middle-aged businessman rediscovers his love for life (and efficient public transport) through the wonders of a Nintendo Switch game? While it’s a cute little story, it wasn’t an entirely original...
Japanese Zelda: Tears Of The Kingdom Players Are Popping Off
19.5.2023
The Legend of Zelda: Tears of the Kingdom lets you build all kinds of wild contraptions thanks to Link’s new abilities like Ultrahand, Fuse, and Autobuild. While some folks are out here making weapons of mass destruction, Japanese players are flexing their creative muscles in other ways, and I’m...