Japan’s Crypto Policy Shift Raises Questions for the Market Ahead of Key Macr...
Japan is quietly reimagining how digital assets fit into its financial system, and the timing is drawing attention. While global markets are already sensitive to upcoming macro decisions from the Bank of Japan (BoJ), Tokyo is advancing parallel reforms that touch crypto regulation, taxation, and broader liquidity conditions. Related Reading: Ex-Terra Insider Calls Do Kwon […]
Related News
The CEO of the Nasdaq-listed cryptocurrency exchange Coinbase, Brian Armstrong, says Apple has not played nice with crypto, noting that the tech giant has banned a bunch of crypto features in its App Store. Apple’s anti-crypto policy raises “potential antitrust issues,” said the Coinbase executive. Potential Antitrust Issues Coinbase CEO Brian Armstrong talked about Apple’s crypto policy in an episode of the Superteam podcast, which aired last week. Superteam is a podcast that explores the web3 ecosystem in India. Commenting on Apple’s anti-crypto....
The Ethereum community has voiced its concerns about the legitimacy and functionality of ride sharing app Arcade City in an AMA with its founder, Christopher David. The AMA follows a medium post from one of his previous associates accusing David of being a fraudster that has since been taken down, and the AMA seems to be doing little to address concerns surrounding the fraud accusations, and raises more questions as to the future and legitimacy of Arcade City. Arcade City CEO Fails to Address Community Backlash. The Medium post, an archived version of which can be found here, details....
A legislator in Japan’s ruling political party has called for bitcoin purchases to be exempt from an 8% consumption tax, a regional news source says. The issue was up for debate during a budgetary committee hearing in the lower house of the Japanese legislature, the Diet, on 5th February. As reported by Nikkei, Liberal Democratic Party member Tsukasa Akimoto put the question of exempting bitcoin purchases from the tax to Finance Minister Tarō Asō. "Can't you consider not imposing consumption tax on bitcoins in line with the international trend?" Akimoto asked. Asō is reported to have....
Did a visit from the SEC’s Gensler with EU legislators signal a policy shift? Is U.S.–European collaboration on crypto regulation coming soon? As if he didn’t have enough to do, Gary Gensler appeared before the European Parliament on Sept. 1 to share his policy recommendations regarding the regulation of crypto assets and other matters. While the United States Securities and Exchange Commission Chair made clear that he was presenting his own views — not those of the Commission — his (virtual) appearance necessarily raised questions.Does Gensler, regarded by some as America’s most....
Based on reports, Nomura Holdings is preparing to strengthen its footprint in Japan’s crypto market as trading activity picks up across the country. Related Reading: BlackRock’s Bitcoin Premium ETF Heads To Nasdaq In SEC Filing The move comes through Laser Digital Holdings, a Nomura unit based in Switzerland that is now in pre-consultation with Japan’s […]