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South Korea to Charge 20% Tax on Bitcoin Profits Under New Law
23.7.2020
South Korea will now tax profits made from buying and selling of cryptocurrency at 20% after the government agreed to the decision on Wednesday. The decision was reached after months of debate. According to a taxation policy amendment notice released July 22, the Ministry of Economy and Finance...
Japan’s Financial Watchdog Whitelists OMG Network Token
23.7.2020
The addition of the OMG Network token on Japanese crypto exchange GMO Coin indicates that the digital asset has been approved by regulators
Japan’s Covid-19 Stimulus Payments Didn’t Flow Into Crypto
23.7.2020
Covid-19 relief money does not seem to have been spent by many Japanese on cryptocurrencies
Japanese Financial Watchdog Appoints New Commissioner
21.7.2020
Ryozo Himino, the International Financial Deputy Counselor at Japan’s financial watchdog, will take over as the agency’s new commissioner
Japanese Financial Giant MUFG to Launch Digital Currency in 2020
20.7.2020
The world's fifth largest bank is set to go ahead with a digital currency launch in collaboration with Indeed.com parent firm Recruit Group
Bank of Japan Forms New Team to Explore Central Bank Digital Currency
20.7.2020
The Bank of Japan is warming to digital currencies and now has a team dedicated to researching a possible digital yen
Bank of Japan Has New CBDC Research Team But No Plans to Launch
20.7.2020
Bank of Japan has announced the launch of a new CBDC research team, which will continue the work of its previous CBDC research team
Huobi Japan Opens Voting on Listing 6 New Tokens
20.7.2020
Account holders at crypto exchange Huobi have the opportunity to vote this month on which of six new tokens they would like to see listed
Japan Should Urge US to Hurry Up With Digital Dollar Says Fisco Exec.
17.7.2020
Japan may need to rely on the United States to have some influence over the development of digital currencies
Japan Is Seriously Considering a Digital Yen: Report
15.7.2020
As rivals and allies move forward with their own CBDC plans, Japan will seriously consider a digital yen as part of this year's policy agenda
Japanese Government Set to Include CBDC in Official Economic Plan
15.7.2020
The Japanese government is getting serious about a CBDC
Japan’s Biggest Bank to Launch Digital Token Before End of FY2020
15.7.2020
The Japanese financial giant Mitsubishi UFJ Financial Group (MUFG) is set to issue its own long-awaited digital currency “in the second half of the current financial year,” said its CEO.
Speaking to Mainichi, the company’s CEO Hironori Kamezawa stated that the token had experienced no shortage...
Japanese Banking Giant MUFG to Issue Its Own Stablecoin in H2 2020
14.7.2020
Japan’s largest financial institution, Mitsubishi UFJ Financial Group, is planning to issue the MUFG token in the second half of 2020
Japanese Residents Have Cash to Spare, But is it Going into Crypto?
13.7.2020
The Bank of Japan reported the supply of money stock in circulation increased 6% in June following the receipt of economic relief payments
G20 Lays Regulatory Groundwork for Accepting Digital Payments
13.7.2020
G20 officials announced on July 11 that they would begin laying the regulatory groundwork for the group to accept digital payments
Cryptocurrency News From Japan: July 5 - July 11 in Review
11.7.2020
Tosei real estate and Tokyo Financial Holdings issued an asset-backed digital financial product, Coinage registered with Japanese authorities as an exchange and more headlined news from Japan this past week
Japanese Exchange Holdings of Bitcoin Surged During the Pandemic
11.7.2020
Japanese holdings of cryptocurrencies such as Bitcoin, XRP, and Ether all surged during the coronavirus pandemic
Japanese Broker Monex Launches Crypto-Based CFDs With 2x Leverage
10.7.2020
The Japanese online securities company Monex has revealed the launch of cryptocurrency-based contract-for-difference (CFD) services that went live on Wednesday. The new derivatives products offered by Monex will include bitcoin, XRP, ether, and bitcoin cash pairs with 2x leverage. Japanese digital...
Brave Browser Partners With bitFlyer to Expand BAT’s Reach in Japan
10.7.2020
The crypto exchange will build a BAT wallet for Brave as it helps the cryptocurrency grow in Japan
Cardano Foundation Warns About Suspicious Activities in Japan
9.7.2020
The Cardano Foundation has warned that a suspicious firm is trying to rake in investments by claiming contact with the foundation