Bitcoin, Ether end week in interest rate, summer doldrums; Binance’s BNB token leads winners

Bitcoin and Ether prices were largely mixed but running into the red on Friday morning in Asia, looking to end the week with losses after a period of directionless trading.

• 2023-07-28
• BNB Japan Bank of Japan Bitcoin prices Grayscale Bitcoin Bitcoin

Crypto.com, messaging app Line to collaborate on crypto solutions in Asia

Cryptocurrency exchange Crypto.com and Line Xenesis — the crypto asset and blockchain-related business developer of Japanese messenger app Line — have signed a memorandum of understanding to boost crypto innovation in Asia-Pacific and the global industry. See related article: Singapore-based Crypto.com gets preparatory license to expand services in Dubai Fast facts

• 2023-07-26
• Line Xenesis messenger app Line crypto asset Japan business developer

Bitcoin Trading in Japan Rises as Yen Turns Volatile

The share of bitcoin trade volume on Japanese exchanges rose from 69% to 80% in the first six months of the year, data tracked by Kaiko show

• 2023-07-20
• Japanese yen Bank of Japan the Federal Reserve Japan Kaiko Japanese markets fiat currencies

Japanese Crypto Issuers Won't Pay Taxes on Unrealized Gains, Govt. Clarifies

Token issuers in the country were subject to a 30% corporate tax for unrealized gains on their own tokens.

• 2023-06-26
• Liberal Democratic Party capital gains tax Japan unrealized gains capital gains taxes National Tax Agency

Cryptocurrency Issuers in Japan Get Crucial Tax Relief

Japan's revised corporate tax regulations could help make the country a more attractive prospect for crypto firms.

• 2023-06-26
• Japan cryptocurrencies Japan corporate tax National Tax Agency corporate tax rate

Japan exempts cryptocurrency issuers from 30% tax on unrealized gains

Cryptocurrency issuers in Japan are now exempt from paying a 30% corporate tax on unrealized gains on tokens.

• 2023-06-26
• Fumio Kishida Japan MUFG Japanese yen unrealized gains

First Mover Asia: Bitcoin Rises Past $28K on Debt Ceiling Deal

ALSO: A Chinese governmental agency released a paper over the weekend that outlined suggestions for China's Web3 policy, but it didn't broach must new ground. Still, the paper represented progress for a country that is keen to write the next generation of technology standards.

• 2023-05-29
• White House stock markets China debt ceiling crisis Bitcoin Nikkei 225 Japan

Japan to implement anti-money laundering rules for crypto: report

Japan will introduce strict anti-money laundering rules on cryptocurrency transactions from June 1, the Southeast Asian nation’s cabinet decided on Tuesday.

• 2023-05-24
• Financial Action Task Force Japan anti-money laundering Southeast Asian nation digital assets Kyodo News

Study: North Korean Crypto Hackers Have Stolen $2.3 Billion

According to a report by Nikkei, Japan has been the most affected country by North Korean cyberattacks on cryptocurrency platforms and users.

• 2023-05-16
• North Korean Japan

North Korean hackers stole $721 million in cryptocurrency from Japan - Nikkei

Hacker groups affiliated with North Korea have stolen $721 million worth of cryptocurrency assets from Japan since 2017, the Nikkei business daily reported on Monday, citing a study by U.K. blockchain analysis provider Elliptic. The report comes after Group of Seven finance ministers and central bank governors said in a statement on Saturday that they support measures to counter growing threats from illicit activities by state actors, such as the theft of crypto-assets. According to Elliptic,

• 2023-05-15
• North Korea cryptocurrency Japan