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…
Japan Security Token Association to Collaborate with Tokeny Solutions and Japan’s Financial Institutions to Solve Security Token Issues
The Japan Security Token Association (JSTA), an organization that is promoting building an ecosystem that uses security tokens, announced on November 18 that it has concluded a basic agreement with the Luxembourg security platform operator Tokeny Solutions to work together…
The Japan Virtual Currency Exchange Association Announces Members’ Trading and Account Statistics for September 2019
The Japan Virtual Currency Exchange Association (JVCEA), the self-governing organization for the cryptocurrency industry in Japan, announced the amount of spot trading and number of cryptocurrency accounts as of November 8, 2019 tallied from the totals of association members in…
Things You Didn’t Know About Bitcoin
Bitcoin is an innovative online currency. Today, it is considered to be a revolution in the world of financial transactions. In spite of Bitcoin entering the life of people not so long ago, it is surrounded by so many interesting…
Major Japanese Cryptocurrency Exchange Coincheck Will Start Handling Stellar Lumens (XLM) from November 12
Coincheck, a major cryptocurrency exchange and subsidiary of the Japanese financial listed company Monex Group, announced on November 1 that it will begin handling the cryptocurrency Stellar Lumens (XLM) from November 12, 2019. The exchange will be the first to…
UK revamps its crypto tax laws – what to expect in the future
The United Kingdom has changed its cryptocurrency taxation laws dramatically. The changes come just a few months after the first demand for company trading information was filed by Her Majesty’s Revenues and Customs agency. However, in this case, the changes…