All Eyes about Japanese Court as Crunch Monero Mining Situation Gets December Hearing
court Japanese

All Eyes about Japanese Court as Crunch Monero Mining Situation Gets December Hearing

Source: Adobe/DennisA landmark legal case involving a music site developer who added a mining widget that mines monero (XMR) to his website will hit the Supreme Court in Japan at the end of the year – with the potential for a legal precedent-setting verdict.The case dates back to late 2017, when the Yokohama-based man (aged…

Eight-Year-Previous Japanese Boy Starts Developing ETH Fortune Selling NFTs
Eight-Year-Old Japanese

Eight-Year-Previous Japanese Boy Starts Developing ETH Fortune Selling NFTs

NFTs by Zombie Zoo Keeper. Source: A screenshot, opensea.ioIf your child is still drawing in crayons on paper, you may be missing a trick – because an eight-year-old Japanese elementary schoolboy has been doing his doodling in a digital form, turning his creations into non-fungible tokens (NFTs) and then selling them online for relatively big…

Japanese Regulator Offers NFTs, IEOs inside its Sights since it Eyes A lot more Crypto Regulation
Japanese Regulator

Japanese Regulator Offers NFTs, IEOs inside its Sights since it Eyes A lot more Crypto Regulation

Source: iStock/muraJapan’s financial regulator, the Financial Services Agency (FSA), appears to be inching closer to introducing a spate of new regulations for the crypto space – with new policy documents indicating the agency will start policing the non-fungible token (NFT) and initial exchange offering (IEO) sectors.In July, Cryptonews.com reported on the launch of a new FSA…

Japanese monetary regulator considers imposing stricter crypto guidelines
Financial Japanese

Japanese monetary regulator considers imposing stricter crypto guidelines

The new regulation will be designed to provide better protection to Japanese investors.

Japanese Crypto Sector Launches Consolidated Tax Reform Bid
Crypto Japanese

Japanese Crypto Sector Launches Consolidated Tax Reform Bid

Source: Adobe/NuthawutTwo of Japan’s biggest crypto business groups have launched a joint bid to persuade the government to revise its crypto tax laws. Japanese law currently stipulates that crypto traders must pay levies of up to 55% on their profits. However, a number of players in the sector – as some opposition MPs – have…

Japanese Regulator Review Suggests DeFi Regulations COULD POSSIBLY BE Approaching
Japanese Regulator

Japanese Regulator Review Suggests DeFi Regulations COULD POSSIBLY BE Approaching

Source: Adobe/concept wThe top Japanese financial and crypto sector regulator, the Financial Services Agency (FSA), has published a report on DeFi, blockchain and crypto – with its authors concluding that there may be a need for the nation to develop regulations for the decentralized finance sphere. The report was the second from the FinTech Innovation…

Past Japanese Regulatory Chief: Digital Yuan Improvement Hard to Ignore
Former Japanese

Past Japanese Regulatory Chief: Digital Yuan Improvement Hard to Ignore

Source: Adobe/S.GvozdToshihide Endo, the former commissioner of Japan’s top financial and crypto regulator, the Financial Services Agency (FSA), has claimed that the forthcoming digital yuan will have a “huge impact” on the speed at which “advanced economies” roll out their own central bank digital currency (CBDC) projects. Endo, who joined the Japanese crypto exchange DeCurret…