Despite struggling with regulatory challenges that have seen it delist several high-end tokens, Binance has pledged to triple its crypto asset count up to 100 on its Japanese subsidiary platform. Binance Japan To Increase Number Of Listed Tokens To 100 Binance Japan, a prominent Japanese subsidiary of Binance Exchange, has …
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When it comes to cryptocurrency/blockchain regulation, considerable attention has been focused, this past year, on the United States’ action (or inaction). But the U.S. is not the world, just one important player, and crypto, from its beginnings, has been a global enterprise. Perhaps, then, it makes sense to step back …
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Amid global expansion plans, Binance CEO Changpeng “CZ” Zhao announced that Binance is commencing operations in Japan by August. Before this development, the crypto firm acquired a 100% stake in Sakura Exchange Bitcoin (SEBC), a Japan-based crypto trading platform. CZ disclosed this via a video at the Web3 conference WebX …
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By reducing prices, Tesla aims to offer a compelling value proposition compared to other electric vehicle options in terms of features, performance, range, and affordability. American multinational Electric Vehicle (EV) giant Tesla Inc (NASDAQ: TSLA) has recently announced a price reduction for its Model 3 and Model Y cars in …
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It is obvious that as the EU is retracting from China, it is also establishing several deep-rooted relationships with other countries in the area of technology. European Union (EU) Commissioner Thierry Breton has hinted at the bloc’s intention to work more closely with Japan in its Artificial Intelligence (AI) and …
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A wise music industry person once told me that the average lifespan of a band is about seven years. You form, get better, get big, peak, enter a decline, and then break up. You burn through all your youthful angst and energy, grow older, gain new perspectives, find yourself with …
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The National Tax Agency of Japan released an updated version of its corporate tax guidelines, introducing significant changes to the crypto taxation rules for digital token issuers. This revision focuses explicitly on eliminating taxes on unrealized gains derived from crypto assets issued by companies. And the tax exemption is set …
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Warren Buffett has again increased its stakes in the 5 large trading firms in Japan where Berkshire Hathaway had a 7.4% stake. American multinational conglomerate holding company Berkshire Hathaway (NYSE: BRK) has increased its stake in a few trading firms in Japan through a wholly-owned subsidiary, National Indemnity Company. The average stake …
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Binance decided to make a comeback in the Japanese crypto market after it acquired Sakura Exchange Bitcoin (SEBC), a regulated crypto exchange platform licensed by the Japan Financial Services Agency in November 2022. On Friday, a notice was published stating that Binance is preparing to commence operations in the Japanese …
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Japan’s regulatory and political environment for crypto and Web3 technologies has been evolving rapidly over the past several years. The Financial Services Agency of Japan reported in December 2022 it planned to lift restrictions on foreign-issued stablecoins in Japanese exchanges, which could have significant implications for the decentralized finance (DeFi) …
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[PRESS RELEASE – Tokyo, Japan, April 17th, 2023] Astar Network, a smart contracts platform for multichain, is delighted to announce that its Founder and CEO Sota Watanabe will be presenting at the prestigious Consensus 2023 event in Austin, Texas. He will be taking the stage on Thursday, April 27 at …
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Amber Group could sell its subsidiary in Japan to focus more on institutional rather than retail businesses. Leading global digital asset platform Amber Group is considering a possible sale of its Japan subsidiary amid other plans. The exchange liquidity provider and validator also seeks to apply for a license in …
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