Japan is debating at government level a shake-up of complex tax reporting procedures for cryptocurrency investors. A Japanese taxation policy committee held a debate with the aim of simplifying cryptocurrency tax Wednesday, Oct. 17, Japanese daily news outlet Sankei News reports. Highlighting the complex tax filing regime currently in place for Japanese citizens, officials from […]
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Kansai Electric Power Co. will explore how the technology could be used to redefine electricity sales to consumers. A four-way partnership between major Japanese companies will conduct research into the possible use of blockchain in distributed electricity supply, a press release announced Monday, Oct. 15. Kansai Electric Power Co. (Kepco) will work with Mitsubishi UFJ […]
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Japanese messaging giant LINE’s LINK token has received its first exchange debut on its in-house trading platform BITBOX. Japanese messaging app provider LINE Corporation announced that its newly-developed LINK (LN) token is now tradeable on its native BITBOX cryptocurrency exchange in a press release Tuesday, October 16. LINE, which launched BITBOX in July, will offer […]
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Sony continues to leverage blockchain technology, announcing the development of a platform targeting digital rights integrity. Japanese technology multinational Sony revealed it is working on a blockchain-powered extension of its digital rights management system Monday, Oct. 15. The project is a joint endeavor with both Sony Music Entertainment Japan and Sony Global Education. The as […]
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China’s Hurun Research Institute has released a catalogue of the richest individuals in the country, listing cryptocurrency entrepreneurs among others. The annual Hurun China Rich List, a catalogue of individuals in the country with a net worth over 2 billion yuan ($209 million), has listed several crypto entrepreneurs among China’s financial elite, according to a […]
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Google chose an unlikely platform in their new video ad for Google Assistant to address whether or not cryptocurrency is money. Google entered the cryptocurrency-as-money debate on Tuesday, Oct. 9, arguing over its validity during an introductory video for a new feature from its Google Assistant tool. While demonstrating how its Call Screen caller ID […]
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Hacked Japanese crypto exchange Zaif has announced its business plan with Fisco to provide financial support for affected customers’ assets. Hacked Japanese cryptocurrency exchange Zaif has announced an official plan to provide financial support for affected customers’ assets, in an official notice posted today, October 10. As previously reported, the exchange suffered a security breach […]
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Iranian cyber researchers have delivered statistics about Coinhive malware infections worldwide, with Iran ranking fourth place. The highest number of recorded incidents of Coinhive cryptojacking software have taken place in Brazil, Iran’s country’s cybersecurity authority revealed in a report Monday, October 8. According to the Iranian authority’s report on malware in 2017, Brazil, the country […]
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As it awaits its Japanese operating license, Coinbase has made positive remarks about the country’s toughened stance towards the crypto industry. As it awaits its Japanese operating license, an executive from leading U.S. crypto exchange Coinbase has made positive remarks about the country’s toughened stance towards the crypto industry. In an interview with financial newspaper […]
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GMO says its new coin will be focused on remittances, praising the success of the stablecoin market. Japanese internet conglomerate GMO Internet Co. Ltd confirmed plans to release a cryptographic stablecoin Tuesday, Oct. 9, pegged to the Japanese yen. GMO, which entered the Japanese cryptocurrency exchange market in May last year, intends to begin issuing […]
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