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Nalezeno "AI Japan": 6459

Coinbase halts its operations in Japan to review market conditions


The Japanese arm of Coinbase has published an official blog post to announce that it is halting its operations in the region amid the present market conditions. Coinbase aims to review the business’s operations before moving forward with any other developments. Customers in Japan can deposit...

Coinbase Exits Japan Citing "Market Conditions"


Cryptocurrency exchange Coinbase is exiting Japan due to market conditions. The move comes days after the company announced its third round of layoffs in less than a year amid the ongoing bear market.  In a Wednesday blog post, the exchange said it has made the "difficult decision" to halt...

Japanese Tax Agency Wants to Tax NFT Sales and Crypto Gaming Profits


The Japanese tax body has signaled an intention to tax non-fungible token (NFT) sales and the profits earned by crypto and blockchain gamers. In an FAQ-type document released by the National Tax Agency (NTA), the body explained “guidelines” for tax officers dealing with NFT-related “cases” where...

Japanese Power Giant TEPCO Explains Crypto Mining Plans


Tokyo Electric Power (TEPCO), Japan’s biggest power provider, has explained how it is planning to make use of surplus renewable electricity to power its bitcoin (BTC) and altcoin mining operations. TEPCO first unveiled its mining plans late last year, providing a boost to local crypto markets....

Psychic VR Lab receives ¥100M from Animoca Brands Japan


Animoca Brands Japan, has recently announced its investment of 100 million yen in Psychic VR Lab. This deposit is a part of the JP¥1 billion ($7.8 million) funding round by a Japanese company in Dec in the year 2022. Kyoya Okazawa, stated that they are looking forward for X.R. technology to expand...

Will FTX Japan Depositors Really Get Their Money Back in February?


The Japanese subsidiary of cryptocurrency exchange FTX is expected to resume withdrawals starting in February, according to a Japanese senior official. Mamoru Yanase, deputy director-general of the Financial Services Agency’s Strategy Development and Management Bureau, has said FTX Japan will...

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