Softbank announces $100B investment in US AI infrastructure
The announcement came at President-elect Donald Trump’s Mar-a-Lago estate in Florida. Go to Source
Japan
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Japanese lawmaker ‘Satoshi’ questions gov’t plans for Bitcoin reserve
Satoshi Yamada asked the Japanese government whether it could “convert part of its foreign exchange reserves” into Bitcoin or another token. Go to Source
Japanese crypto exchange Coincheck to debut Nasdaq trading
Following a $1.3 billion merger, Coincheck’s ordinary shares and warrants will start trading on the Nasdaq on Dec. 11. Go to Source
Japan crypto exchange DMM Bitcoin is set to liquidate: Report
DMM Bitcoin, which suffered a private key hack in May that caused a loss of $320 million in Bitcoin is reportedly ceasing efforts to revamp operations. Go to Source
Metaplanet wraps crypto media deal months after buying first Bitcoin
Japan’s Metaplanet has been gathering up Bitcoin for around six months and now wants to enter the crypto media space launching a local version of Bitcoin Magazine. Go to Source
Japan passes stimulus package, commits to crypto tax reform
Proposed changes include taxing cryptocurrency at a 20% flat rate instead of the current variable ‘miscellaneous income’ rate. Go to Source
BIT Mining to pay $10M fine for bribing Japanese politicians in former life
BIT Mining, previously known as online sports casino 500.com, made around $2.5 million worth of bribes to Japanese officials between 2017 and 2019. Go to Source
Hitachi Solutions introduces Web3 development for enterprises
Hitachi is not a leading light in the Japanese blockchain, but it’s catching up with a comprehensive Web3 development package. Go to Source
Indo-Pacific Nations Outpacing the US in Crypto Regulation, SEC Commissioner Says
A U.S. Securities and Exchange Commission (SEC) commissioner has urged the U.S. to adopt a more proactive approach to crypto regulation, pointing to the leadership of Indo-Pacific nations like Japan, Singapore, and Hong Kong. He emphasized that these countries have crafted clear frameworks that foster innovation while protecting investors, in contrast to the U.S., where … Read more
Japan slow to approve crypto ETFs, maintains strict tax, regulations
While global markets embrace crypto ETFs, Japan’s strict tax policies and regulatory caution impede further adoption. Go to Source
