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Binance Cryptocurrency Exchange Returns to Japan, According to Its Founder Changpeng Zhao

The giant digital currency exchange "Binance" announced the full resumption of its services in Japan next month, as stated by its founder, Changpeng Zhao (CZ). The largest market for digital asset trading is making a comeback to the Japanese market after previously announcing the...

Japan Embraces Technological Innovation and Cryptocurrency Adoption

At the WebX Conference, Japan's Liberal Democratic Party's Policy Research Council Chairman, Koichi Hagiuda, and Japanese Prime Minister, Fumio Kishida, expressed their support for Web3 technology. Hagiuda emphasized Japan's regulatory environment and its commitment to fostering Web3's growth, while Kishida highlighted Web3's revolutionary potential...

Japan reduces taxes on digital assets to facilitate business operations

The National Tax Agency of Japan has announced a relaxation of its stance on imposing taxes on digital assets for companies dealing with company-issued digital currencies. Under the current rule, unrealized gains from company-issued digital currencies will not be subject to taxation. This measure...

Binance preparing to Re-enter Japan

Cryptocurrency exchange Binance is preparing to return to Japan after acquiring the regulated cryptocurrency trading platform Sakura Exchange Bitcoin (SEBC). Binance bought the platform - which is licensed by the Japanese Financial Services Agency - in November 2022, with the aim of returning to...

Japan Approves Web3 White Paper to Support Industrial Development in the Country

Under the administration of Prime Minister Fumio Kishida, the Web3 project team of Japan's ruling Liberal Democratic Party has released a white paper that offers suggestions for developing the nation's economy. While other countries are working to implement regulations to protect consumers, Japan is taking...