SBI Holdings has publicly refuted claims of filing applications for Bitcoin and XRP exchange-traded funds (ETFs) with Japanese regulatory authorities. The financial conglomerate confirmed that no ETF submissions for either cryptocurrency have been presented to regulators. Company officials stated they… Read More »SBI Holdings Denies Bitcoin and XRP ETF Filings in Japan, Cites Regulatory Pending Status
Japan’s cryptocurrency sector faces significant innovation hurdles due to prolonged regulatory processes, despite ongoing discussions about tax reforms. Industry experts report that cumbersome approval requirements involving the Japan Virtual Currency Exchange Association (JVCEA) and Financial Services Agency (FSA) are prompting… Read More »Regulatory Delays Stifle Crypto Innovation in Japan Despite Proposed Tax Reforms
Investment firm Metaplanet has unveiled a strategic blueprint centered on acquiring a Japanese digital bank to fundamentally incorporate Bitcoin’s appreciating value and liquidity into corporate financial frameworks. This move aims to position Bitcoin as an integral component of corporate growth… Read More »Metaplanet Plans Japanese Digital Bank Acquisition to Advance Bitcoin-Corporate Finance Integration
Japan’s Financial Services Agency (FSA) has unveiled a significant proposal aiming to boost the nation’s cryptocurrency sector through regulatory overhaul. The FSA seeks to reclassify cryptocurrencies under the Financial Instruments and Exchange Act (FIEA) instead of the current classification under… Read More »Japan Proposes Crypto Reclassification and Tax Cut to Attract Investment and Enable ETFs
In a significant regulatory shift, Japan’s Financial Services Agency (FSA) has proposed measures aimed at enhancing cryptocurrency investor access and market transparency. The key elements include allowing Bitcoin exchange-traded funds (ETFs) and implementing a flat 20% tax rate on cryptocurrency… Read More »Japan Proposes Bitcoin ETF Approval and 20% Flat Tax on Crypto Gains