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The crypto exchange giant Binance is hoping to corner the Japanese market by expanding its crypto pairing offerings by 13.
The firm launched in Japan in August this year, following its acquisition of the Sakura Exchange BitCoin trading platform in November 2022.
Binance Japan has since begun migrating Sakura users to its platform.
Binance recently announced that it will no longer accept Japanese residents on its global site from December.
In a Binance Japan press release, the firm said that its goal was to list “100 tokens” on its platform.
This goal is not unambitious considering Japan’s notoriously strict token listings policy.
#crypto #binanacesquare #japan #binance
The firm launched in Japan in August this year, following its acquisition of the Sakura Exchange BitCoin trading platform in November 2022.
Binance Japan has since begun migrating Sakura users to its platform.
Binance recently announced that it will no longer accept Japanese residents on its global site from December.
In a Binance Japan press release, the firm said that its goal was to list “100 tokens” on its platform.
This goal is not unambitious considering Japan’s notoriously strict token listings policy.
#crypto #binanacesquare #japan #binance
JUST IN:
🇯🇵 World's largest $1.43 trillion pension fund in Japan looks into adding #Bitcoin to its portfolio.
$BTC
#HotTrends #BTC #japan
🇯🇵 World's largest $1.43 trillion pension fund in Japan looks into adding #Bitcoin to its portfolio.
$BTC
#HotTrends #BTC #japan
🚨 JUST IN : Coinbase is shutting down in Japan 🇯🇵
All #Coinbase Japan customers will have until February 16th, 2023 to withdraw their fiat and crypto holdings from Coinbase.
#crypto2023 #Binance #cryptonews #japan
All #Coinbase Japan customers will have until February 16th, 2023 to withdraw their fiat and crypto holdings from Coinbase.
#crypto2023 #Binance #cryptonews #japan
The metaverse community is opening up to positive news in 2023 as the Seoul Metropolitan Government launches its first public metaverse project.
#crypto2023 #cryptoonindia #japan #Metaverse #metaversenews
#crypto2023 #cryptoonindia #japan #Metaverse #metaversenews
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Fujitsu and Mitsubishi look to create Japanese ‘metaverse economic zone’.
#Fujitsu #Mitsubishi #Metaverse #metaversenews #japan
#Fujitsu #Mitsubishi #Metaverse #metaversenews #japan
Nasdaq-listed crypto exchange operator Coinbase is closing its operations in Japan as part of a move to cut costs amid a slump in the digital-asset sector.
#crypto2023 #coinbase #shuttingdown #japan #cryptoonindia
#crypto2023 #coinbase #shuttingdown #japan #cryptoonindia
🇯🇵 Bank of Japan says central bank needs be ready to issue a CBDC to offer the public a "safe"digital payment system. #japan #banks #crypto2023 #Binance #BTC
https://watcher.guru/news/bank-of-japan-says-cbdc-needs-to-be-ready-to-offer-safe-digital-payment-system-to-the-public
https://watcher.guru/news/bank-of-japan-says-cbdc-needs-to-be-ready-to-offer-safe-digital-payment-system-to-the-public
🔔 In 2023, the Japanese Financial Services Agency may lift the ban on the circulation of stablecoins issued overseas (such as USDC USDT, etc.) in Japan, and the remittance limit will be set at 1 million yen ($7,500) per transaction. #japan #millennial
SONY LAUNCH NEW $BTC EXCHANGE
$105 BILLION ELECTRONICS GIANT SONY TO LAUNCH NEW BITCOIN EXCHANGE.
Sony Group acquired Amber Japan and is relaunching it as the S.BLOX Bitcoin and crypto exchange, marking Sony's expansion into the Bitcoin space.
Sony Group is preparing to launch a Bitcoin and crypto exchange in Japan after acquiring Amber Group's local subsidiary, Amber Japan. The revamped exchange will be called S.BLOX and aim to boost Sony's presence in the Bitcoin and crypto space.
Sony purchased Amber #japan in 2023 through its subsidiary Quetta Web. Amber Japan was originally known as DeCurret before Singapore-based Amber Group took over the Japanese exchange in 2022.
$BTC
Sony has rebranded its acquired exchange as S.BLOX and plans to upgrade its user interface and mobile app significantly. The exact launch date remains unannounced.
The move reflects Sony's growing push into Bitcoin and crypto. By leveraging the Amber Japan exchange, Sony can capitalize on its brand recognition and global reach to boost the adoption of its future Bitcoin and crypto offerings.
Japan has emerged as a leading Bitcoin market due to proactive regulation and high consumer awareness. This makes it an ideal place for Sony to debut and expand services.
Major corporations like Sony embracing Bitcoin and crypto signal wider mainstream momentum. Sony's past acquisitions of companies like CBS Records and Columbia Pictures transformed it from an electronics firm into a global media titan. Its latest acquisition could spark a similar evolution for $BTC
#US_Inflation_Easing_Alert
#US_Inflation_Easing_Alert
#JapanEconomy
#sonyexchange
$105 BILLION ELECTRONICS GIANT SONY TO LAUNCH NEW BITCOIN EXCHANGE.
Sony Group acquired Amber Japan and is relaunching it as the S.BLOX Bitcoin and crypto exchange, marking Sony's expansion into the Bitcoin space.
Sony Group is preparing to launch a Bitcoin and crypto exchange in Japan after acquiring Amber Group's local subsidiary, Amber Japan. The revamped exchange will be called S.BLOX and aim to boost Sony's presence in the Bitcoin and crypto space.
Sony purchased Amber #japan in 2023 through its subsidiary Quetta Web. Amber Japan was originally known as DeCurret before Singapore-based Amber Group took over the Japanese exchange in 2022.
$BTC
Sony has rebranded its acquired exchange as S.BLOX and plans to upgrade its user interface and mobile app significantly. The exact launch date remains unannounced.
The move reflects Sony's growing push into Bitcoin and crypto. By leveraging the Amber Japan exchange, Sony can capitalize on its brand recognition and global reach to boost the adoption of its future Bitcoin and crypto offerings.
Japan has emerged as a leading Bitcoin market due to proactive regulation and high consumer awareness. This makes it an ideal place for Sony to debut and expand services.
Major corporations like Sony embracing Bitcoin and crypto signal wider mainstream momentum. Sony's past acquisitions of companies like CBS Records and Columbia Pictures transformed it from an electronics firm into a global media titan. Its latest acquisition could spark a similar evolution for $BTC
#US_Inflation_Easing_Alert
#US_Inflation_Easing_Alert
#JapanEconomy
#sonyexchange
Alibaba Launches Blockchain Lab In Japan For Web3 Adoption
Alibaba Cloud, a division of the Chinese tech giant Alibaba, has revealed its plans to develop a blockchain lab in Shibuya next month.
The lab will be a product of the partnership with Tokyu Land Corporation and Skeleton Crew Studio. According to an announcement by Alibaba News, the lab is intended to expand Web3 revenue potential for Japanese gaming developers by allowing them direct access to the Web3 partner network of the company.
In addition to regular workshops and networking opportunities, developers will have access to the most recent Web3 technological developments and up-to-date information via the lab.
For now, only a few clients actively working with Alibaba Cloud will have access to the blockchain lab. Also, the participants in the hackathon and engineers working for partner companies with expertise in blockchain and the company will have access to the brand-new Web3 facility in Shibuya.
Alibaba Cloud has valuable partnerships in the Web3 space.
Alibaba Cloud is very active in the Web3 space
To provide developers with a better user-friendly experience using its cloud infrastructure, Alibaba Cloud will also introduce a blockchain node service in Japan later this year. While in its pilot stage, the project has only been made accessible to a selected group of individuals.
Furthermore, the company is collaborating with HashKey, a provider of financial services for digital assets, to host a Web3 hackathon campaign that will commence on April 2 and last throughout four Asian areas.
In addition to these movements of the company in the Web3 space, we can mention the other partnerships between the company and blockchains/blockchain-based projects. For example, Avalanche is integrated into Alibaba Cloud. Also, EDNS partnered with the company to explore the potential of decentralized domain name services.
Let’s see the benefits and impact of the blockchain lab by Alibaba Cloud in the Web3 space!
#Web3 #blockchain #japan #web3community #blockchaintechnology
The lab will be a product of the partnership with Tokyu Land Corporation and Skeleton Crew Studio. According to an announcement by Alibaba News, the lab is intended to expand Web3 revenue potential for Japanese gaming developers by allowing them direct access to the Web3 partner network of the company.
In addition to regular workshops and networking opportunities, developers will have access to the most recent Web3 technological developments and up-to-date information via the lab.
For now, only a few clients actively working with Alibaba Cloud will have access to the blockchain lab. Also, the participants in the hackathon and engineers working for partner companies with expertise in blockchain and the company will have access to the brand-new Web3 facility in Shibuya.
Alibaba Cloud has valuable partnerships in the Web3 space.
Alibaba Cloud is very active in the Web3 space
To provide developers with a better user-friendly experience using its cloud infrastructure, Alibaba Cloud will also introduce a blockchain node service in Japan later this year. While in its pilot stage, the project has only been made accessible to a selected group of individuals.
Furthermore, the company is collaborating with HashKey, a provider of financial services for digital assets, to host a Web3 hackathon campaign that will commence on April 2 and last throughout four Asian areas.
In addition to these movements of the company in the Web3 space, we can mention the other partnerships between the company and blockchains/blockchain-based projects. For example, Avalanche is integrated into Alibaba Cloud. Also, EDNS partnered with the company to explore the potential of decentralized domain name services.
Let’s see the benefits and impact of the blockchain lab by Alibaba Cloud in the Web3 space!
#Web3 #blockchain #japan #web3community #blockchaintechnology
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There are several main reasons why the cryptocurrency market is dumping👇
Last week's sell-off continued, with Japan's Nikkei 225 index down 7%.
The Japanese stock market suffered its heaviest loss since 1987.
🇮🇷 🇮🇱 Iran says attack on Israel will happen without warning.
Recession concerns The US unemployment rate was at 4.30%, compared to 4.10% last month.
$BTC has dropped 70 thousand dollars to 53 thousand dollars (at one point it passed the 50k mark) in just 1 week.
#Write2Win #binance #btc #japan
Last week's sell-off continued, with Japan's Nikkei 225 index down 7%.
The Japanese stock market suffered its heaviest loss since 1987.
🇮🇷 🇮🇱 Iran says attack on Israel will happen without warning.
Recession concerns The US unemployment rate was at 4.30%, compared to 4.10% last month.
$BTC has dropped 70 thousand dollars to 53 thousand dollars (at one point it passed the 50k mark) in just 1 week.
#Write2Win #binance #btc #japan
📊 Out of 35 countries, only six had rules for stablecoins in 2023, as per PwC’s analysis. 🇨🇭 🇯🇵 Switzerland and Japan were among the countries leading this initiative.
#cryptonews #stablecoins #switzerland #japan
#cryptonews #stablecoins #switzerland #japan
Japan's Financial Regulator Considers Reclassifying Crypto for Tax Purposes
#japan $BTC
Japan’s Financial Services Agency (FSA) is contemplating a significant shift in how cryptocurrency is taxed, proposing that it be treated as a financial asset rather than income. Currently, crypto profits are taxed as income, with rates reaching up to 45% for high earners. However, if reclassified, crypto gains could be subject to a flat 20% capital gains tax, similar to financial securities.
**Potential Tax Relief for Crypto Investors**
The FSA’s proposal could lower the tax burden on top-earning crypto holders, who currently face steep income tax rates on their profits. By taxing crypto as a financial asset, the agency aims to encourage broader investment in digital assets while potentially boosting household wealth and wages.
**Addressing Crypto’s Limited Use Among Investors**
The FSA's report highlights that while crypto assets have the potential to expand wages and household wealth, their adoption among individual investors remains limited. This proposed tax reform is part of ongoing efforts by Japan to create a more favorable environment for crypto investors, following concerns that high taxes have driven some companies out of the country.
**Ongoing Reforms in Japan’s Crypto Sector**
This latest consideration by the FSA follows a series of reforms aimed at retaining and attracting crypto businesses. Last year, Japan exempted crypto issuers from taxes on unrealized gains, signaling a shift towards more supportive regulatory measures for the industry.
#japan $BTC
Japan’s Financial Services Agency (FSA) is contemplating a significant shift in how cryptocurrency is taxed, proposing that it be treated as a financial asset rather than income. Currently, crypto profits are taxed as income, with rates reaching up to 45% for high earners. However, if reclassified, crypto gains could be subject to a flat 20% capital gains tax, similar to financial securities.
**Potential Tax Relief for Crypto Investors**
The FSA’s proposal could lower the tax burden on top-earning crypto holders, who currently face steep income tax rates on their profits. By taxing crypto as a financial asset, the agency aims to encourage broader investment in digital assets while potentially boosting household wealth and wages.
**Addressing Crypto’s Limited Use Among Investors**
The FSA's report highlights that while crypto assets have the potential to expand wages and household wealth, their adoption among individual investors remains limited. This proposed tax reform is part of ongoing efforts by Japan to create a more favorable environment for crypto investors, following concerns that high taxes have driven some companies out of the country.
**Ongoing Reforms in Japan’s Crypto Sector**
This latest consideration by the FSA follows a series of reforms aimed at retaining and attracting crypto businesses. Last year, Japan exempted crypto issuers from taxes on unrealized gains, signaling a shift towards more supportive regulatory measures for the industry.
#XRPGoal #GrayscaleXRPTrust $XRP Buy it before its late; XRP! look at the rest of the old/new/hot coins and see $XRP , I wonder what the Wales are doing to the whole crypto, 2025 and #japan things to look forward.
In a groundbreaking announcement, Binance Japan has set the crypto community ablaze by revealing plans to expand its listed cryptocurrencies to a whopping 47! Adding fuel to the fire, these 13 new tokens are set to hit the trading floor on November 27th, promising a surge in liquidity and excitement for crypto enthusiasts.
The lucky 13 tokens include the likes of Hedera Hashgraph (HBAR), Near Protocol (NEAR), Optimism (OP), Immutable X (IMX), Arbitrum (ARB), Graph (GRT), Creation Token (RNDR), Decentraland (MANA), EOS (EOS), GALA (GALA), ApeCoin (APE), Klaytn (KLAY), and Lisk (LSK). Brace yourselves for a trading extravaganza as these tokens make their grand entrance into the Binance Japan ecosystem.
This strategic move comes as Binance Japan eyes the ambitious goal of reaching 100 listed assets on its platform. The addition of these 13 tokens follows a pattern of continuous expansion, with the exchange recently acquiring SAKURA Exchange Bitcoin in August 2022, solidifying its presence in the Japanese market.
It's noteworthy that Binance Japan emphasizes the credibility of these tokens, ensuring that all 13 have successfully navigated the evaluation process conducted by the Association of Virtual and Crypto Asset Exchanges of Japan. This adds an extra layer of trust for traders looking to explore new investment opportunities.
In an ever-evolving crypto landscape, Binance Japan's move to diversify its offerings demonstrates its commitment to staying at the forefront of the industry. As the crypto market gears up for a thrilling trading experience, all eyes are on Binance Japan and its mission to reshape the future of digital asset trading in the Land of the Rising Sun.
Don't miss out on the action – mark your calendars for November 27th and get ready to ride the crypto wave with these 13 exciting new tokens! 🚀📈
#btc #japan #etf #binance
The lucky 13 tokens include the likes of Hedera Hashgraph (HBAR), Near Protocol (NEAR), Optimism (OP), Immutable X (IMX), Arbitrum (ARB), Graph (GRT), Creation Token (RNDR), Decentraland (MANA), EOS (EOS), GALA (GALA), ApeCoin (APE), Klaytn (KLAY), and Lisk (LSK). Brace yourselves for a trading extravaganza as these tokens make their grand entrance into the Binance Japan ecosystem.
This strategic move comes as Binance Japan eyes the ambitious goal of reaching 100 listed assets on its platform. The addition of these 13 tokens follows a pattern of continuous expansion, with the exchange recently acquiring SAKURA Exchange Bitcoin in August 2022, solidifying its presence in the Japanese market.
It's noteworthy that Binance Japan emphasizes the credibility of these tokens, ensuring that all 13 have successfully navigated the evaluation process conducted by the Association of Virtual and Crypto Asset Exchanges of Japan. This adds an extra layer of trust for traders looking to explore new investment opportunities.
In an ever-evolving crypto landscape, Binance Japan's move to diversify its offerings demonstrates its commitment to staying at the forefront of the industry. As the crypto market gears up for a thrilling trading experience, all eyes are on Binance Japan and its mission to reshape the future of digital asset trading in the Land of the Rising Sun.
Don't miss out on the action – mark your calendars for November 27th and get ready to ride the crypto wave with these 13 exciting new tokens! 🚀📈
#btc #japan #etf #binance