Japanese Crypto Companies Granted Tax Relief Under New Rules

Japanese Crypto Companies Granted Tax Relief Under New Rules

Japan’s tax authority has updated its regulations on corporate taxes, offering a tax exemption for businesses involved in cryptocurrency transactions. Key Points   In a recent development, the tax administration in Japan has brought about a revision within corporate tax rules, providing an exemption to companies who deal with cryptocurrencies.  With this update, companies issuing cryptocurrencies…

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Japanese Banks and Firms joined Forces to build a Metaverse Economic Zone

Japanese Banks and Firms joined Forces to build a Metaverse Economic Zone

In a highly ambitious move, some of Japan’s leading financial and technological institutions have come together to form an innovative metaverse infrastructure project. To provide users with convenient payment systems, reliable authentication services, and comprehensive insurance options across multiple platforms, this collaborative effort is poised to revolutionize how digital assets are handled in the modern…

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Japan Readying to Launch Digital Yen: Gearing up for Global CBDC Initiative

Japan Readying to Launch Digital Yen: Gearing up for Global CBDC Initiative

The digital currency has experienced a meteoric rise in popularity, especially since its introduction to the international markets. The potential of this innovative monetary system is unparalleled and several countries are actively seeking ways to capitalize on it. A new country has now entered the initiative to capitalize on this potential currency. Tech hub Japan…

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