Killing Japan’s Bitcoin Sales Tax: Breaking Down the Implications
The Japanese Financial Services Agency (FSA) is set to hold an official meeting by the end of 2016 to end sales tax on Bitcoin. If passed, it will reduce prices at Japanese exchanges by 8%. National News Channels in Korea and Japan praised the FSA’s move. Earlier this week, the Japanese Finance Ministry announced its plans to end sales tax on Bitcoin by....
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Less than a year after raising ¥3 billion ($27 million) in a record funding round by a bitcoin and Fintech company in Japan, Tokyo-based bitFlyer now sees all three of Japan’s ‘mega-banks’ as investors in the bitcoin exchange. In an announcement today, bitFlyer, Japan’s largest bitcoin exchange and blockchain services company, revealed fresh funding from Mizuho Capital and SMBC Venture Capital, both of which are the investment arms of the Mizuho Banking Corporation and the Sumitomo Mitsui Banking Corporation respectively. The two banking corporations join Mitsubishi UFJ as investors in....
If you thought CryptoPunk sales were lucrative, one of the most recent Punk sales will certainly catch your eye. There’s certainly a lot you can buy with $500 million dollars. Does someone just love the JPEG? While we can never rule it out, there’s more than what meets the eye behind this record-shattering NFT sale. […]
After non-fungible token (NFT) sales soared during the month of August, the first week of September’s NFT sales has been awful. Statistics show the number of sales in mid-August tapped a high of 193,693 sales but plummeted 86% to 27,053 sales on September 10. Metrics from the most used marketplaces show that volume has slid considerably following the same fallout cryptocurrency market have felt during the last four days.
NFT Sales and Trade Volumes Plummet
So far, September has not been the best month for NFTs and sales in this space. Last month, non-fungible token (NFT)....
Non-fungible token (NFT) sales have been lackluster this past week, as the aggregate sales volume during the last seven days has dropped 13.75% since last week. The largest number of sales stemmed from Ronin this week as 45,875 buyers increase Ronin-based NFT sales by more than 72%. The NFT collection that recorded the most sales volume over the last seven days was Clonex as the NFT collection’s sales saw a 94.05% rise.
7-Day NFT Sales Slide by 13.75%
After the week of March 20-26, 2022, Google Trends data shows the search term “NFT” slid from a score of 39....
Star Wars tops entertainment headlines as the perennial favorite gets a thumbs-up from audiences around the world. As a cultural phenomenon with an international audience its record-breaking ticket sales comes at a time of diverging global social mood. Bitcoin’s prospects amid the current mood trend are examined. At the time of writing (Dec 25), Star Wars: The Force Awakens has generated $765mil revenue from worldwide tickets sales after a two-week run in theaters. Although worldwide sales are not setting any record, the movie will release in China during January 2016, and combined with....