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Japan Reduces 30% Crypto Tax On Paper Earnings For Token Issuers

Japan Reduces 30% Crypto Tax On Paper Earnings For Token Issuers

To boost the Japanese banking and IT industries, the government would relax crypto company tax restrictions. Even if they haven't sold, Japanese crypto issuers must pay a 30% corporation tax on their holdings. In recent years, some local crypto/blockchain enterprises and personnel have moved abroad.

Executive Director of the Crypto Valley Association Talks Long-Term Vision of the Crypto Ecosystem

Executive Director of the Crypto Valley Association Talks Long-Term Vision of the Crypto Ecosystem

Blockchain.News spoke exclusively with Alexander Schell, the Executive Director of the Crypto Valley Association to dig deeper regarding the association’s work in the industry.

Japanese Crypto Trading Activity Fell as COVID-19 Pandemic Hit in March

Japanese Crypto Trading Activity Fell as COVID-19 Pandemic Hit in March

The Japan Virtual and Crypto assets Exchange Association has reported that during the COVID-19 pandemic there has been a decline in active crypto-trading in Japan.

Crypto Assets Conference 2020B

Crypto Assets Conference 2020B

On October 29-31, 2020, the Frankfurt School Blockchain Center is organizing the Crypto Assets Conference (CAC) for the fourth time. Blockchain technology was born through the invention of Bitcoin and has since then created hundreds of digital assets and spurred the development of business models building on decentralized networks. Together with executives, founders, investors and representatives from public authorities the conference covers both the public blockchain (crypto assets) and the enterprise blockchain domain (DLT). The CAC makes the audience familiar with the current trends in DLT, blockchain and crypto assets.

United Africa Blockchain Association Cries Foul of FNB’s Crypto Termination

United Africa Blockchain Association Cries Foul of FNB’s Crypto Termination

The United Africa Blockchain Association (UABA) has lamented the decision by First National Bank (FNB) to terminate its banking services to crypto exchanges, as well as intermediaries trading in cryptocurrencies.

Crypto Valley Association: Establishing the World’s Best Ecosystem for Blockchain and DLT Businesses

Crypto Valley Association: Establishing the World’s Best Ecosystem for Blockchain and DLT Businesses

On a mission to develop the world’s best ecosystem for blockchain and distributed ledger technology, the Crypto Valley Association (CVA) is an independent organization based in Zug Switzerland, supported by the government. With over 1500 members in over 56 countries, the association has been supporting the needs of startups and connecting players in the industry to build a cohesive ecosystem.

Crypto Exchange Suspects Foul Play Impacting 5% of Its Total Assets, Suspends Withdrawals

Crypto Exchange Suspects Foul Play Impacting 5% of Its Total Assets, Suspends Withdrawals

UK-based crypto exchange EXMO has detected suspicious activity on its platform, and as a preemptive measure, it has suspended withdrawals for the time being.

Coinbase Takes a Step Further into the Japanese Crypto Market

Coinbase Takes a Step Further into the Japanese Crypto Market

Coinbase has been licensed in Japan since 2019, and has registered as second-class members of the Japan Virtual Currency Exchange Association (JVCEA), a self-regulatory organization for the crypto industry in Japan.

Digital Assets Market Update 12 August 2019

Digital Assets Market Update 12 August 2019

Latest news and updates from the digital assets market

New Zealand Police Froze $140 Million in Assets and Crypto From Alleged BTC-e Exchange Money-Launderer Alexander Vinnik

New Zealand Police Froze $140 Million in Assets and Crypto From Alleged BTC-e Exchange Money-Launderer Alexander Vinnik

New Zealand police said they have frozen $140 million linked to Russian crypto fraud suspect, Alexander Vinnik, alleged to have been the operator of the now-defunct BTC-e crypto exchange.

17,000 Customers Claim Refund from Collapsed Canadian Crypto Exchange QuadrigaCX

17,000 Customers Claim Refund from Collapsed Canadian Crypto Exchange QuadrigaCX

Ernst & Young, the trustee of the now-bankrupt cryptocurrency exchange QuadrigaCX, published a report showing that almost 17,000 people have filed for the remaining assets of the crypto exchange. EY assumed control of the crypto exchange in February 2019 after QuadrigaCX filed for bankruptcy. Ernst & Young took over custody of QuadrigaCX’s assets following the alleged death of Gerald Cotton, the founder of QuadrigaCX, who held the private keys to the crypto holdings, in January 2019. The report indicates that as many as 16,959 people have claimed assets ranging from Litecoin, Bitcoin, Ethereum, Bitcoin Gold, Bitcoin SV, and Bitcoin cash, along with US dollars and Canadian dollars.

Wyoming State Says Cryptocurrency Represents Property, Allows Insurers to Include Digital Assets in Investment Portfolios

Wyoming State Says Cryptocurrency Represents Property, Allows Insurers to Include Digital Assets in Investment Portfolios

The US. state of Wyoming has enacted new legislation to allow insurance firms to invest in digital assets like cryptocurrencies. The new law intends to come into effect on 1st July.

Shopify Becomes Member of the Libra Association

Shopify Becomes Member of the Libra Association

Canadian-based e-commerce giant Shopify has announced it will become the latest member of the Libra Association's governing council.

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