Liberal-Democratic Party of Japan Proposes a Move Toward State-Issued Digital Currency
According to the Nikkei Shimbun, the ruling Liberal-Democratic Party of Japan (LDP) has adopted a policy of gathering recommendations in the spring toward state-issued digital currency from the perspective of protecting personal information and combating money laundering. The Bank…
Yahoo! Japan Subsidiary Z Corporation, Crypto Asset Exchange TaoTao, and Binance Move Toward Strategic Partnership
Z Corporation Inc., a wholly owned subsidiary of Japan’s Z Holdings Corporation (formerly known as Yahoo Japan Corporation), and TaoTao Inc., a crypto asset exchange subsidiary of the same company, announced on January 17 that they agreed to open negotiations…
Japan Virtual Currency Exchange Association Publishes Company Member Statistics for November 2019
The Japan Virtual Currency Exchange Association (JVCEA), a self-regulating organization for the digital assets (cryptocurrency) industry in Japan, released statistical information about its company members for November 2019 on January 10, including data such as spot transaction turnover and the…
Japanese Educational Institution Operators Charged with Misappropriating Managed Funds to Buy Cryptocurrency
The Japanese educational institution Meijo Gakuin Educational Corporation will file a criminal complaint for embezzlement against the company’s former chairwoman and other associated individuals on suspicions that operating funds for the private university Osaka University of Tourism, which is also…
Why Freedom Attained from Bitcoin Matters, Especially for Struggling Nations and Dissidents
The world we live in grows better and more developed over time. Societies become more tolerant, people – more open-minded, economy – more prosperous, technology – more revolutionary. This constant drive towards improvement has brought us where we are right…
Major Japanese Cryptocurrency Exchange Coincheck to Stop Offering Leverage Trading
Major Japanese cryptocurrency exchange Coincheck announced on December 16 that its leverage trading service will end on March 13, 2020. The cryptocurrency exchange is asking users who currently have positions in the service to settle all positions before end of…
Tokyo Government Runs Trial Implementation of Independent Tokyo YUA Coin Point System, Considers Issuance of Digital Currency
NHK reported on December 6 that the Tokyo Metropolitan Government has decided on a policy for trial implementation of its own loyalty point system called Tokyo YUA Coin (tentative name). The trial is expected to be conducted from January to…
Nikkei Shimbun Reports Only 33% of Japanese Government Survey Participants Are Receptive to Cryptocurrency
The Nikkei Shimbun reported on December 2 that the Japanese Ministry of Education, Culture, Sports, Science and Technology’s National Institute of Science and Technology Policy conducted a survey for the purpose of ascertaining social reception of advanced technologies, with only…
Local Governments and Incorporated Associations Begin Issuing Independent Tokens in Japan
In addition to companies, local governments and incorporated associations are now proceeding with special initiatives for issuing their own independent tokens within Japan. KAYAC Inc. <3904>, which handles a social gaming business and client work business, announced on November…
10 Ways to Make Crypto Taxes Less Expensive
If you are a crypto investor and are worried about facing a huge IRS tax bill, there’s no need to panic, as there are ways to reduce your taxable gains. The IRS’ warning letters issued a few months ago reflect…