1 / 9 Relevant items tagged with #Japan

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Aptos co-founder and CEO Mo Shaikh steps down to ‘start new chapter’

[Dec 20 12:13 AM] Mo Shaikh, who co-founded the firm in 2021 alongside Avery Ching said he would stay on board at Aptos Labs as a strategic adviser.

Softbank announces $100B investment in US AI infrastructure

[Dec 16 6:34 PM] The announcement came at President-elect Donald Trump’s Mar-a-Lago estate in Florida.

Japanese lawmaker ‘Satoshi’ questions gov’t plans for Bitcoin reserve

[Dec 13 7:01 PM] Satoshi Yamada asked the Japanese government whether it could "convert part of its foreign exchange reserves" into Bitcoin or another token.

Japanese crypto exchange Coincheck to debut Nasdaq trading

[Dec 11 11:11 AM] Following a $1.3 billion merger, Coincheck’s ordinary shares and warrants will start trading on the Nasdaq on Dec. 11.

Japan crypto exchange DMM Bitcoin is set to liquidate: Report

[Dec 2 3:49 AM] DMM Bitcoin, which suffered a private key hack in May that caused a loss of $320 million in Bitcoin is reportedly ceasing efforts to revamp operations.

Japan passes stimulus package, commits to crypto tax reform

[Nov 20 4:25 PM] Proposed changes include taxing cryptocurrency at a 20% flat rate instead of the current variable ‘miscellaneous income’ rate. 

Metaplanet To Expand Bitcoin Holdings With $11.3 Million Bond Sale

[Nov 19 5:30 AM] In an announcement today, Japanese firm Metaplanet revealed plans to increase its Bitcoin (BTC) holdings by issuing $11.3 million worth of bonds to fund the purchase. Metaplanet To Increase BTC Holdings Through Bond Issuance The Tokyo-listed…

BIT Mining to pay $10M fine for bribing Japanese politicians in former life

[Nov 19 12:40 AM] BIT Mining, previously known as online sports casino 500.com, made around $2.5 million worth of bribes to Japanese officials between 2017 and 2019.

Crypto Lobby Group CCI Expands Its Reach by Absorbing Proof of Stake Alliance

[Oct 30 11:00 AM] The Crypto Council for Innovation (CCI) is taking in the Proof of Stake Alliance (POSA) as regulators worldwide increase their attention to stakings' role in digital assets, where hundreds of billions of dollars are on the line.

Hitachi Solutions introduces Web3 development for enterprises

[Oct 29 6:41 PM] Hitachi is not a leading light in the Japanese blockchain, but it's catching up with a comprehensive Web3 development package.

Indo-Pacific Nations Outpacing the US in Crypto Regulation, SEC Commissioner Says

[Oct 25 4:30 AM] A U.S. Securities and Exchange Commission (SEC) commissioner has urged the U.S. to adopt a more proactive approach to crypto regulation, pointing to the leadership of Indo-Pacific nations like Japan, Singapore, and Hong Kong. He emphasized that…

Japan slow to approve crypto ETFs, maintains strict taxes, regulations

[Oct 23 8:38 AM] While global markets embrace crypto ETFs, Japan’s strict tax policies and regulatory caution impede further adoption.

As Japan Election Looms, Political Parties Emphasize Need to Reform Crypto Tax Regulations

[Oct 22 10:32 AM] Japan’s Democratic Party for the People is trying to attract crypto-conscious voters with tax system reforms. But it’s not alone.

Japanese authorities trace Monero, arrest 18 in $670K laundering case

[Oct 21 11:25 AM] The group of scammers has been under investigation by Japan’s newly formed cybercrime unit since August.

Bitcoin Trades Below Global Prices In South Korea, Erasing Long-Standing ‘Kimchi Premium’ – Here’s Why

[Oct 18 2:00 AM] Bitcoin (BTC) is trading slightly lower in South Korea compared to the global cryptocurrency markets due to a reverse ‘kimchi premium,’ not seen since October 2023. Reverse ‘Kimchi Premium’ Makes Bitcoin Cheaper In South Korea According to a repor

Palau Collaborates With Japan to Introduce Blockchain Savings Bonds

[Oct 9 11:20 AM] The government of Palau has taken a major step towards integrating blockchain technology into its economy with the launch of Palau Invest, a digital savings bond platform. This initiative, developed in collaboration with Japan, offers citizens a…

Japan's Metaplanet Buys Another $6.7M Worth of Bitcoin

[Oct 7 8:47 AM] Metaplanet bought around 108.8 BTC at an average price of just under 9.2 million yen per coin.

Japan’s Metaplanet makes $7M Bitcoin buy, bringing holdings to $40.5M

[Oct 7 5:58 AM] The Japanese investment firm has scooped up more than 200 Bitcoin so far this month. 

Bitcoin price recovery driven by growing US financial concerns 

[Oct 4 8:24 PM] Bitcoin price recaptures the $62,000 level as investor grow increasingly concerned about the fiscal health of the US

Bitcoin Holder Metaplanet Sells BTC Options to Boost Coin Stash

[Oct 3 9:50 AM] The company strengthens its bitcoin position with a strategic options sale, generating nearly 24 BTC ($1.4M) in premium.

Bitcoin Tumbles Back Below $64K as Surprise Japan Prime Minister Choice Triggers 5% Plunge in Nikkei

[Sep 30 12:35 PM] Overbought conditions also surely played a role in bitcoin's Monday decline.

Japan Plans to Review Its Crypto Rules: Bloomberg

[Sep 30 10:51 AM] The review which will occur over the coming months could also pave the way for dedicated exchange traded funds.

Blockchain adoption in Asia Pacific will expand into SMEs — Blockdaemon

[Sep 19 11:44 AM] Blockdaemon executive Andrew Vranjes said that tax regulations and the lack of uniform regulations across jurisdictions hold back institutions from adopting blockchain. 

Global Surge in CBDC Development: 134 Countries Now Exploring Digital Currencies

[Sep 19 2:30 AM] New data shows that 134 countries, representing 98% of global GDP, are now exploring central bank digital currencies (CBDCs), with 66 nations advancing to pilot or development stages. Every G20 nation is engaged in CBDC efforts, with notable…

Japan’s Metaplanet Increases Bitcoin Holdings By $2 Million, Here’s How Much BTC It Owns Now

[Sep 10 10:30 PM] Japanese early-stage investment company Metaplanet purchased an additional $2 million worth of Bitcoin today, reaffirming the firm’s trust in the leading digital asset. ‘Japanese MicroStrategy’ Bolsters Its Bitcoin Reserves In an announcement on…

Japan's Largest Power Company TEPCO is Mining Bitcoin Using Renewables

[Sep 9 9:43 AM] Tokyo Electric Power Company (TEPCO), Japan's largest electricity provider, has begun mining Bitcoin through its subsidiary Agile Energy X using excess renewable energy that would otherwise be wasted, as per reports from Asahi. With over 27 million…

Japanese power giant Tepco explores ‘green’ Bitcoin mining: Report

[Sep 9 5:49 AM] The company aims to prevent wasted renewable energy through curtailment and promote the widespread use of Bitcoin mining.

Ripple CEO: Japan’s Leaders Committed to Advancing Crypto and Blockchain Technology

[Sep 8 11:30 PM] Ripple CEO Brad Garlinghouse discussed Japan’s potential in blockchain technology with Japanese lawmaker Taira Masaaki during XRP Community Day. Garlinghouse praised Japan’s commitment to advancing crypto, highlighting the…

Connecting Japanese Culture to a Worldwide Audience

[Sep 8 8:16 PM] Japanese culture captivates millions around the world, but the creators behind its art often remain inaccessible. With 8Ships, Terry Tomonaga is changing that. 8Ships Is Connecting Japan’s Artists, Artisans, and Craftmen to a Global Audience…

Tokyo Electric Power Company’s Subsidiary Mines Bitcoin With Surplus Energy

[Sep 8 7:10 PM] According to a report from Asahi Shimbun, one of Japan’s oldest national newspapers, a subsidiary of Tokyo Electric Power Co. (TEPCO) has taken an innovative step into the world of bitcoin mining. Agile Energy X, the subsidiary in question…