Japan Crypto News

The country discussed the necessity of reducing the tax requirements on crypto initiatives to prevent start-ups from leaving Japan.

The Bank of Japan said it needs to explore the idea of a digital Yen further before giving it a greenlight as people have better options already.

The lobbying groups are planning to ask the government to make crypto issuing and holding cheaper to prevent talented individuals from leaving the country.

The JVCEA has got warnings from the Financial Services Agency for delaying the introduction of anti-money laundering rules.

The meeting between both authorities focused on issues that included “sustainable finance, crypto assets, and stablecoins.”

Japan has introduced a slew of new crypto regulations designed to liberate the operations of the industry in the country.

Japan’s new stablecoin law limits stablecoin issuance to licensed banks, registered money transfer agents, and trust companies.

Crypto trading firm Cumberland DRW completed Nomura’s first BTC derivative trade on the CME Group platform.

Due to legal requirements, Coinbase will ask for additional information before issuing crypto transactions to Canada, Japan and Singapore.

After the G7 countries decided to strengthen their sanctions against Russia, Japan announced that it is sanctioning Russian crypto IP's and sets an $8.5K penalty to exchanges who don't comply.

Defaulters of this order could face up to 3 years imprisonment and a fine of 1 million yen ($8,478.52).

An employee of Sony Group Corporation's insurance arm used the money he allegedly embezzled to buy 3,879 BTC on Coinbase.

The association aims to promote the emerging metaverse technology in Japan by disseminating essential information both inside and outside of the region.

Metaworld is the newest version of Gensokishi Online, a popular Japanese game.

The publicly traded exchange announced its inroads in the country yesterday.

Cardano (ADA) has finally acquired regulatory approval to be listed on Japanese crypto exchanges.

As a part of its expansion in the APAC region, the company announces a new partnership.

A subsidiary of SBI has partnered with a local firm to utilize Ripple for remittances.