Quick Breakdown Simplification and Growth Potential: Moving from a progressive tax of up to 55% to a flat 20% rate could simplify compliance, reduce investor flight, and encourage both retail and institutional participation in Japan’s crypto market. Revenue and Investment Balance: While high earners will pay less, broader participation and ...
Japan is facing a deepening fiscal crisis, marked by ballooning national debt, decades-long deflationary pressures, and a rapidly weakening yen. As the country’s debt-to-GDP ratio remains the highest among developed economies, concerns over long-term financial stability are growing. The Bank of Japan\'s ultra-loose monetary policy has kept interest rates near ...
Ripple has struck a new deal with SBI Holdings to introduce its U.S. dollar-backed stablecoin, Ripple USD (RLUSD), to the Japanese market, marking a major step in the country’s regulated digital asset ecosystem. Announced on August 22, Ripple and SBI VC Trade SBI’s licensed crypto asset exchange arm signed a ...
In a bold strategic pivot, crypto platform Bakkt is set to transform Tokyo-listed company Marusho Hotta into a Bitcoin-centric investment entity, following a newly announced acquisition deal. On August 6, Bakkt Holdings revealed it would acquire a 30% stake in Marusho Hotta from Japanese wellness conglomerate RIZAP Group, positioning itself ...
On July 8, 2025, SBI Group’s Aplus card division introduced a pioneering rewards program in Japan that allows credit card users to convert their reward points directly into cryptocurrencies, including XRP, Bitcoin (BTC), and Ethereum (ETH). This initiative marks the first significant integration of crypto rewards within Japan’s mainstream credit ...
In a landmark move for Japan’s corporate and crypto landscape, consulting firm Remixpoint has become the first publicly listed company in the country to pay its CEO’s salary entirely in Bitcoin. Announcing the decision in an official press release, Remixpoint revealed that its President and CEO, Yoshihiko Takahashi, personally chose ...
Japan’s House of Councillors, the Upper Chamber of the country's parliament, has approved a significant amendment to the Payment Services Act, paving the way for sweeping reforms in the country’s cryptocurrency brokerage sector. This move is expected to lower regulatory barriers for crypto intermediaries while strengthening consumer protections. ???????? Japan ...
Biru, a Web3 platform developed by Lootex, has launched its inaugural profile picture (PFP) NFT collection, Birunoko, while simultaneously expanding its operations into Japan through a strategic partnership with Soneium. Scheduled to debut on May 28, the Birunoko collection represents a significant milestone in blending digital identity with interactive gaming ...
Japan's Financial Services Agency (FSA) has released a discussion paper proposing a new regulatory framework for digital assets, titled "Verification of the State of the System Related to Crypto Assets." The paper suggests classifying cryptocurrencies into two categories based on fund distribution. The FSA seeks public feedback on the proposal ...
Japan’s Cabinet has approved a proposal to amend the Payment Services Act, paving the way for more flexible stablecoins and crypto brokerages regulations. The bill, submitted to the National Diet on the same day of approval, could lower entry barriers for crypto firms in Japan, according to a press release ...
