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Oxford University physics spinout Oxford Quantum Circuits (OQC) recently announced the launch of Toshiko, a 32-qubit quantum computing services platform, alongside a $100-million Series B funding round led by Japan’s SBI Group’s investment arm.The company claims that Toshiko is the “world’s first enterprise ready quantum computing platform.” Great question! We
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According to a Nov. 20 notice from Japan’s Osaka Digital Exchange, ODX is set to initiate the trading of digital securities in the country through the issuance of security tokens on Dec. 25. These tokens will be issued by Ichigo, a Tokyo-based real estate investment company, and Kenedix, selling about $20.1
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One of the most striking aspects of this market turmoil was the sharp increase in the Nikkei volatility index, which surged to 23.87, a level not seen in a long while. Japan’s Nikkei 225 (INDEXNIKKEI: NI225) share average faced a tumultuous day as it closed below the psychologically significant 31,000 level
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Japan’s largest investment bank, Nomura’s digital asset subsidiary Laser Digital Asset Management, has launched a Bitcoin Adoption Fund for institutional investors.The official announcement noted that the Bitcoin (BTC)-based fund will be the first in a range of digital adoption investment solutions that the firm plans to introduce.Nomura is a Japanese
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Japan has been actively reassessing its crypto tax regulations since last year, with a focus on creating an environment that encourages the growth of blockchain startups within the country. Japan’s financial regulator, the Financial Services Agency (FSA), has unveiled a groundbreaking proposal that could reshape the country’s crypto taxation landscape. On
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In this issueJapan’s crypto tax law: An industry group urges tax changeDon’t write off Bitcoin NFTsLitecoin’s halving: Prices fallFrom the Editor’s DeskDear Reader,The only two certainties in life may be death and taxes – at least according to U.S. founding father Benjamin Franklin – but for the digital asset industry
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied The Japan Blockchain Association (JBA) has reportedly requested Prime Minister Fumio Kishida to revise the nation’s tax system concerning crypto assets. The JBA has put forward three main changes to promote the expansion of the crypto industry and make
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Japan’s prime minister Fumio Kishida participated in the crypto conference WebX to share his enthusiasm for the decentralized ecosystem and web3. According to the CoinPost report, Kishida spoke on his administration’s strategies. He opined that web3 is
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The move is expected to attract crypto investors who had fled the country following the heavy burdens caused by taxations of unrealized profits. Undeniably, the cryptocurrency and blockchain markets have turned out to be a huge backbone for the development of economic growth prospects in many markets around the world. By
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Since the regulatory issues have been covered and the law only permits trusted companies to issue the tokens, the move can help restore confidence in stablecoins and cryptocurrencies. Mitsubishi UFJ Financial Group (MUFG) is interested in using its Progmat blockchain platform for minting stablecoins and has been meeting with domestic and
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