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Key Takeaways: On March 31, the Diet passed a stopgap budget that keeps the proposal to reduce crypto tax from 55% to 20% flat tax to stop the Web3 exodus to Dubai. While the proposal has hailed critics say the slow 2028 timeline hinders bitcoin ETFs. Japan will...
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Key Takeaways: OpenAI CEO Sam Altman proposes a wealth fund to share AI profits and protect future social safety nets. To offset AI job displacement, OpenAI calls for a 32-hour work week so workers benefit from future productivity. Altman also backs a shift to...
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Key Takeaways: Japan’s Payment Services Act, revised in June 2023 and updated through 2026, created the world’s strictest stablecoin issuer rules. Project Pax, backed by MUFG, SMBC, and Mizuho, targets 1 trillion yen in B2B stablecoin issuance by 2028. JPYC became the...
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Key Takeaways: CMF and other banks are testing JPMorgan’s JPM Coin in phase one to speed up interbank settlement times. Experts view this integration as a massive leap for modernizing bank costs. The Central Bank must amend a 2022 rule before institutions can offer...
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Key Takeaways: Japan raises serious concerns that could drive sweeping new regulations across crypto markets. The FSA signals tougher oversight through more effective and stringent regulations on providers. The FSA warns that wide crypto regulation may be needed to... Page 1 of 12,64912345...102030...»Last » Translate »