Bitcoin Surges in Japan, Argentina And Philippines
Bitcoin price hits an intraday and six-week high of $71,650 on May 21, following a gain of more than 7% over the past 24 hours. Following a 7% daily advance, Bitcoin reached all-time highs in several Asian and South American countries, bringing the cryptocurrency closer to its all-time high against the U.S. dollar. On May […]
Japan Eases Crypto And Web3 Investments For Venture Capital’s
Japan Proposes Amendment Allowing VC Firms to Directly Finance Crypto Projects, Changing rules governing cryptocurrency investments. Japan is approaching a critical juncture in regulatory progress concerning cryptocurrency investments. Under the leadership of the Ministry of Economy, Trade, and Industry, the proposed amendment would permit venture capital firms (VCs) in Japan to invest directly in projects […]
Japan to Launch Major Crypto Tax Reforms In 2024
Japan will likely eliminate the crypto tax on unrealized gains from cryptocurrency investments beginning in 2024. At a cabinet meeting on December 22nd, the Japanese government reached a definitive decision regarding the crypto tax reform framework for the fiscal year 2024. A substantial amendment to this reform affects corporations that possess crypto assets. The amendment […]
EOS Soars 9% After Relisting on Japanese Regulated Exchanges
EOS has received regulatory sanction from the Japan Virtual and Crypto Asset Exchange Association, Trading with Japanese Yen Begins. The EOS token has received whitelist approval from the Japan Virtual and Crypto Asset Exchange Association (JVCEA), marking a significant milestone in the EOS Network Foundation’s voyage toward widespread adoption. This significant development represents a considerable […]
Japanese messaging app LINE set to accept payment in its native token LINK (LN)
Beginning in March, users of the Japanese messaging platform LINE will be able to pay with the app’s native token at select online businesses. The corporation is also considering future payment options including BTC and ETH. The LINE Corporation said on Tuesday that beginning March 16, users will be able to pay using native LINK […]