Japan Seeks To Simplify Crypto Tax Reporting

News | October 19, 2018 By:

The Japanese Tax Commission is looking to adjust the tax filing procedure to stimulate a more thorough reporting of cryptocurrency gains.

During a general assembly meeting on October 17, the commission discussed possible improvements to the complex tax filing regime currently in place in the country.

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Blockchain Advocate Named Japan’s Minister of Science, Technology and IT

Job Appointments | October 5, 2018 By:

Blockchain backer Takuya Hirai has been appointed as Japan’s Minister of Science, Technology, and IT, a cabinet position.

Hirai, one of the composers for the Japanese law legalizing and regulating crypto exchanges, will oversee official government policy towards financial technologies. He was formerly chairperson of the Liberal Democratic Party’s IT Strategy Special Committee,

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Blockchain Voting System Trialled By Japan’s Tsukuba City

Blockchain, News | September 4, 2018 By:

The Japanese city of Tsukuba has trialled a blockchain-powered voting system, according to a news report by the Japan Times.

Tsukuba, a city located in Ibaraki Prefecture, is known as the location of the Tsukuba Science City, which represents one of the world’s largest coordinated attempts to accelerate the rate of and improve the quality of scientific discovery.

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Japan’s Financial Services Agency Tightens Registration Process For Crypto Exchanges

News, Regulation | September 3, 2018 By:

Japan’s Financial Services Agency (FSA) has reportedly introduced a stricter screening process for crypto exchanges seeking approval to operate in the country.

Japan Times reported that the FSA has tightened its registration screening for crypto exchanges in order to “to see whether they are properly conducting risk management.” Citing unnamed sources,

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