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Japan

Japan Metaverse: City of Kochi Unveils ‘Tourism Boost’ Plans

Kochi, Japan, is set to venture into the metaverse realm as city officials have finalized a web3 agreement with Start Lands, a Philippines-based company. According to reports from Kochi News...
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Solana NFT Sales Drop 80%, Bybit’s New Inscriptions Marketplace + More NFT News

Today, the non-fungible token (NFT) market experienced a notable decline. The total sales volume plummeted by 25.2% within 24 hours, reaching $25,976,386. Moreover, there was a decrease in buyers by...
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Monex Group Secures Majority Stake in Canada-based 3iQ

Japan-based Monex Group is poised to acquire a majority stake in Canadian crypto asset manager 3iQ. In a press release published on Thursday, it was revealed that 3iQ will collaborate...
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National Security Officials Discuss to Combat DPRK’s Crypto Illicit Use in WMD Programs

The National Security Advisors of the United States, South Korea, and Japan recently convened to address the challenge posed by North Korea’s illicit use of cryptocurrency to fund weapons of...
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Japan to Exempt Companies From Unrealized Crypto Gains Tax – Report

Japanese lawmakers are considering a proposal to exempt companies from paying taxes on unrealized gains from cryptocurrencies. The plan is anticipated to be included in the fiscal 2024 tax reform...
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Japanese Tax Agency Investigates Hundreds of Crypto Tax Violations

The Japanese National Tax Agency (NTA) has disclosed its recent scrutiny of numerous cryptocurrency-related tax infractions. In its annual report on tax investigations, particularly focusing on crypto taxation, the NTA...
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Binance Japan Adds 13 New Crypto Pairs

Binance, the cryptocurrency exchange giant, is making a strategic move to dominate the Japanese market by expanding its crypto pairing offerings by 13. The company entered the Japanese market in...
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Japanese Government Mulls Promoting NFTs in Sport

The Japanese government is reportedly considering promoting the use of non-fungible tokens (NFTs) within the sports sector. As Nikkei has detailed, this potential move might come in the wake of...
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Sony Announces Plans to Back Web3, NFT Startups – Japan Set for Metaverse Pivot?

Sony, the Japanese corporate giant, is gearing up to channel investments into Web3, NFT, and metaverse companies through an incubation initiative. As reported by Japan’s Bit Times, Sony is partnering...
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Arbitrum Foundation Eyes Japanese Market for Ethereum Layer 2 Expansion

Today, the Arbitrum Foundation, which focuses on backing the Ethereum Layer 2 network, Arbitrum, unveiled a collaboration with the protocol studio, Fracton Ventures. This alliance aims to expand Arbitrum’s presence...
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