Category: Japan

Taxation Isn’t Just Theft – It’s Bad for Crypto Adoption

Taxation Is Not Only Theft, It’s Also Bad for Crypto AdoptionCrypto awareness is reaching levels almost unimaginable just years ago, with telecommunications giants, big banks, mainstream media, and even professional sports teams now discussing and flouting digital assets. AT&T now allows customers to pay their phone bills in bitcoin, Japanese SMS giant Line is adding an FSA-approved crypto exchange to its hugely popular chat app, […]

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Indian Parliament Member Helping Crypto Community Influence Regulation

Indian Parliament Member Helping Crypto Community Influence RegulationThe Indian crypto community has made progress towards influencing the government’s crypto policies. Some industry leaders have met with an influential lawmaker who has agreed to help bring about positive crypto regulation in the country. Also read: India’s Popular ‘Who Wants to Be a Millionaire’ Show Gives Crypto a Boost Parliament Member Agrees to Help […]

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FATF-Driven Delistings Capture the Criminalization of Privacy

FATF-Driven Delistings Capture the Criminalization of PrivacyThe delisting of privacy coins like monero, zcash, and dash is becoming something of a trend in Asia, and could soon expand elsewhere. In the wake of the intra-governmental Financial Action Task Force (FATF) issuing new global standards, Korean exchanges Okex and Upbit have announced they will delist and put warnings on several privacy coins […]

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At Least 19 Central Banks Give Way to Monetary Easing As Economy Slows

More Than 18 Central Banks Give Way to Monetary Easing As Economy SlowsIn a coordinated fashion, more than 18 central banks worldwide have or plan to cut interest rates, sparking a domino effect of monetary easing. It’s been 10 years since the world has seen central planners orchestrate such harmonization in an attempt to save the economy from a deep recession. Also Read: Money and Democracy: Why […]

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Nature Abhors a Vacuum: Why Trump’s Proposed Negative Rates Bode Well for Bitcoin

Nature Abhors a Vacuum - Why Trump's Proposed Negative Rates Bode Well for BitcoinIn a recent tweet, U.S. president Donald Trump delved into an explosive, all-caps-loaded mini-rant about the necessity of getting “interest rates down to ZERO, or less.” The bombastic politician stressed the need for America to refinance its debt, trailing off with some superficially conservative speak about the U.S. and its “great currency, power, and balance […]

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Crypto Salaries Gain Regulatory Recognition Around the World

Crypto Salaries Gain Regulatory Recognition Around the WorldSalaries paid in decentralized digital coins have become a norm across the crypto industry, but there’s really no reason why cryptocurrencies can’t be used for remuneration by businesses in other sectors as well. In many jurisdictions that should be legal even in the absence of dedicated legislation. Switzerland, New Zealand, Japan and Estonia are a […]

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The Push to Kill Cash – Australia’s Proposed Ban Shows It’s Not Conspiracy Theory

The Push to Kill Paper Money - Australia's Proposed Ban Shows It's Not 'Conspiracy Theory'The supposed coordination of governments and tech companies to create a one-world, cashless society is often viewed as little more than fodder for silly Youtube conspiracy videos. After all, cash is still king in daily life, even in extremely high-tech, innovative societies like Japan. Upon closer examination, though, current realities like Australia’s proposed cash transaction […]

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‘Amazon of Japan’ Rakuten Launches Crypto Exchange Service

'Amazon of Japan' Rakuten Launches Crypto Exchange Service, Others Following SuitRakuten, the “Amazon of Japan,” announced the launch of its new crypto exchange platform Monday, August 19, offering spot trading of crypto assets via a dedicated smartphone app. The e-commerce giant has been crypto-friendly for a while now, experimenting and investing in crypto payment systems since at least 2014, but with the launch of the […]

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Owning Fiat Just Got More Expensive – NIRP Strikes Again

Owning Fiat Just Got More Expensive - NIRP Strikes AgainWith the recent Union Bank of Switzerland (UBS) announcement that even more customers will be charged to hold money in their banks, people are scrambling to find ways to preserve their wealth, while USB and others scramble to dam the losses resulting from national negative interest rate policy (NIRP). The relatively recent experiments with NIRP […]

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PR: Bitkan and Bitcoin.com Announce Strategic Partnership

PR: Bitkan and Bitcoin.com Announce Strategic PartnershipBitKan and Bitcoin.com have officially signed a Strategic Collaboration agreement together. Both parties will leverage on each other’s global resources to achieve a mutually beneficial win-win relationship.

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SEC Commissioner: US Could Draw Crypto Policy From These Countries

SEC Commissioner: US Could Draw Crypto Policy From These CountriesThe U.S. Securities and Exchange Commission (SEC) could learn from other countries when finalizing its own crypto regulation, Commissioner Hester Peirce explains. While highlighting peculiar and notable features of the U.S. system, the commissioner emphasizes cross-border considerations, detailing applicable crypto frameworks of several countries. Also read: G20 Leaders Issue Declaration on Crypto Assets – A […]

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Crypto Social Media is Breaking Free: How 10+ Blockchain Platforms Pay You to Post

Crypto Social Media is Breaking Free: How 10+ Blockchain Platforms Pay You to PostSocial media has become so embedded in most people’s everyday lives that it’s hard to imagine life — or even a span of a few hours — without it. While the social media revolution is huge, there’s another revolution within that revolution, driven by users into cryptocurrency, privacy, and immutability: incentivized, blockchain-based social media. Also […]

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Bitcoin Cash Adoption Continues to Spread in North Queensland and Japan

Bitcoin Cash Adoption Continues to Spread in North Queensland and JapanBCH merchant acceptance has continued to grow month after month but there are a few regions in the world where bitcoin cash retail acceptance is thriving. Over the last few weeks, North Queensland and Japan have shown significant growth and continue to dominate as some of the densest territories of BCH merchant adoption worldwide. Also […]

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G7 Agrees on Crypto Action Plan Spurred by Facebook’s Libra

G7 Agrees on Crypto Action Plan Spurred by Facebook's LibraG7 finance chiefs met this week and Facebook’s Libra cryptocurrency was high on their agenda. They agreed on several crypto initiatives and fast regulatory responses to projects such as Libra, calling for them to meet the highest standards of financial regulation. Also read: G20 Leaders Issue Declaration on Crypto Assets – A Look at Their […]

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Thailand Approves 4 New Cryptocurrency Service Providers

Thailand Approves 4 New Cryptocurrency Service ProvidersThe Thai Securities and Exchange Commission has approved four new crypto business operators to legally operate in the country. In addition to licensing a new crypto exchange, the government has officially approved the country’s first three digital token portals. Meanwhile, new rules, conditions, and procedures have been introduced for digital asset businesses. Also read: G20 […]

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Win 2019 Rugby World Cup Tickets When You Play at Games.Bitcoin.com

Are you a cryptocurrency user and rugby fan who’s always dreamed of going to the World Cup? Here’s your chance to win tickets to the 2019 Rugby World Cup in Japan, including flights and accommodation, in an exclusive competition at Games.Bitcoin.com. Also Read: Bitcoin Cash ETP Lists on Leading Swiss Stock Exchange SIX How to […]

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How 10 Countries Respond to Facebook’s Libra Cryptocurrency

How 10 Countries Respond to Facebook’s Libra CryptocurrencyA growing number of governments have responded to Facebook’s cryptocurrency plans including China, France, India, Japan, South Korea, Russia, Singapore, Thailand, the U.K., and the U.S. Several intergovernmental organizations have also weighed in such as the European Central Bank and the Bank of International Settlements. Also read: G20 Leaders Issue Declaration on Crypto Assets – […]

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110 Cryptocurrency Exchanges Want to Launch in Japan – A Look at Recent Changes

110 Cryptocurrency Exchanges Want to Launch in Japan - A Look at Recent ChangesFollowing G20 meetings, where Japan led several discussions regarding crypto assets, the country’s top financial regulator told news.Bitcoin.com that 110 crypto exchanges are now interested in launching in Japan. The country recently passed a new cryptocurrency bill, and some approved crypto trading platforms have undergone changes. Also read: G20 Leaders Issue Declaration on Crypto Assets […]

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Modi Discussed Crypto Standards at G20 Summit – A Look at How They Apply to India

Modi Discussed Crypto Standards at G20 Summit – A Look at How They Apply to IndiaIndia’s Prime Minister Narendra Modi participated in discussions on crypto assets at the G20 leaders’ summit in Osaka, Japan. At the conclusion of the summit, the leaders of the G20 countries jointly declared their commitment to applying the crypto standards set by the Financial Action Task Force. India’s new finance minister, Nirmala Sitharaman, also joined […]

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G20 Leaders Issue Declaration on Crypto Assets – A Look at Their Commitments

G20 Leaders Issue Declaration on Crypto Assets - A Look at Their CommitmentsThe G20 leaders jointly issued a declaration on crypto assets at the end of their summit in Osaka, Japan. They declared their commitments, reaffirmed that crypto assets do not pose a threat to global financial stability, and requested further work done by standard-setting bodies. Also read: V20 Summit Concludes With Promises for Crypto Industry G20 […]

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V20 Summit Concludes With Promises for Crypto Industry

V20 Summit Concludes With Promises for Crypto IndustryAs the G20 leaders’ summit came to a close, the nearby V20 summit concluded with a set of promises for the crypto industry in response to the global crypto standards set by the Financial Action Task Force. A group of national crypto associations aims to engage with government agencies and global policymakers to ensure the […]

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PR: New FATF Rules See VASP Industry Convene for V20 Summit

New FATF Rules See VASP Industry Convene for V20 SummitAs the Financial Action Task Force (FATF) prepares to roll out a new set of rules to increase reporting requirements on cryptocurrency transactions at the G20 Leaders’ Summit this month, a collective of international industry associations have led an initiative to convene Virtual Assets Service Providers (VASPs) for the first-ever V20 Summit, to be held as a concurrent event to the G20 on June 28-29 in Osaka, Japan.

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In This Week’s Video Update: BCH Dev Fund Exceeds Target, Bitcoin.com Reveals Rebrand

In This Week’s Video Update, BCH Dev Fund Exceeds Fundraising Goal, Bitcoin.com Reveals RebrandThe Bitcoin Cash Developer Fund has reached its 800 BCH goal in less than a month since the start of the community-driven fundraising campaign. You’ll find more details on how to support the initiative in the weekly update from Bitcoin.com. Check out the video for other interesting news from the Bitcoin Cash space. Also read: […]

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Consumer Affairs Report Shows 70% Spike in Japanese Crypto Inquiries

Consumer Affairs Report Shows Crypto-Related Inquiries Spike in Japan by 70%Japan’s Consumer Affairs Agency (CAA) has released its 2019 report and noted a significant spike in inquiries concerning cryptocurrency related issues last year. The report details a 70% increase in 2018 in regard to consumer queries largely stemming from exchange issues. Moreover, over the last two quarters of 2019, the Japanese yen paired with various […]

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