News list for "japanese"
According to Nikkei coverage, the Japanese government and the ruling party are working to adjust the taxation policy for cryptocurrency exchanges, planning to levy income tax at a unified rate of 20% regardless of the transaction amount.
Xapo Bank is opening up its Bitcoin lending product to a wider client base. The Xapo Bitcoin Credit Fund has attracted $100 million in subscriptions from members in the early stages, the company said. The Xapo Byzantine BTC Credit Fund, first launched in 2024, was made possible through a strategic partnership with the Hilbert Group, which acts as the independent investment manager for the product, according to a statement released Wednesday.
After the disintegration of the ruling coalition, the balance of power in Japanese politics is now entirely tilted towards a key negotiation. If successful, the road to Prime Minister of Takaichi Sanae will be unimpeded. Click to view...
The political turmoil in Japan has intensified, and Prime Minister Shigeru Ishiba is facing pressure to step down. The party leader election may be held as soon as September this year! Uncertainty may prolong the process of Japanese budgeting and interest rate hikes... Click to view...
The Japanese government has upgraded its tsunami warning.
The United States imposed a 25% tariff on key auto parts on May 3. In this regard, Japan continues to express strong opposition to the US tariff policy. Japanese Prime Minister Shigeru Ishiba said on the 3rd that it is very regrettable that the United States started to impose a 25% tariff on key auto parts on the same day, and will continue to ask the United States to review the relevant tariff measures. Japan is working with the United States on...
On April 9, according to Japan's Asahi Shimbun: The economic measures considered by the Japanese government and the ruling coalition include a plan to issue 40,000 to 50,000 yen to each person as one of the measures to ease the impact of Trump's tariffs.
The Japanese government has approved a proposal to amend the Payment Services Act, aimed at reforming the regulatory framework for cryptocurrency brokers and stablecoins. The bill has been submitted to the Diet for consideration and is expected to be passed in the next few days. According to information released by the Financial Services Agency (FSA), the new regulations will allow crypto companies to operate as "intermediary businesses", meaning brokers will no longer be able to...
The Japanese government maintains that its economy is recovering modestly, but points to U.S. trade policy as a key factor to watch as Trump's proposed tariffs create uncertainty about the economic outlook. In its monthly economic report for February, the Cabinet Office maintained its assessment of the overall economy unchanged for the seventh month in a row, as persistent inflation, particularly for everyday goods, weakened consumption. The Japanese Cabinet Office also mentioned the need to kee...
According to The Block, Japanese mobile game studio Gumi said it plans to buy 1 billion yen (about $6.58 million) worth of bitcoins. The company said it expects to generate secondary revenue by putting the remaining bitcoins into the staking agreement Babylon. According to the company's statement, Gumi plans to make the acquisition between February and May this year.
