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JasmyCoin rallies 295% as Bitcoin Dogs take the crypto stage by storm

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Regulatory reforms in Japan boost JasmyCoin’s bullish sentiment. Bitcoin Dogs introduces unique gaming and social experience in the canine crypto world. Bitcoin Dogs’ 0DOG token presale is underway with limited supply. JasmyCoin (JASMY) and Bitcoin Dogs have recently made headlines with their remarkable performances. JasmyCoin, Japan’s leading cryptocurrency project, has witnessed an impressive surge in value, while Bitcoin Dogs, a new innovative platform on the Bitcoin blockchain, is grabbing attention with its unique features and the ongoing 0DOG token presale. Let’s delve into the details of these crypto phenomena and explore whether they present enticing investment opportunities. JasmyCoin’s meteoric rise: a tale of bulls and whales JasmyCoin’s recent price rally has left the crypto community buzzing. Over the past week, JASMY has experienced a staggering 199% surge, reaching $0.01863, marking a remarkable 265% gro...

Klaytn, Finschia propose merger to create join ecosystem

Klaytn Foundation and Finschia Foundation propose a merger to create a joint ecosystem , with a new mainnet and a token. In a press release on Jan. 16, Klaytn Foundation and the Finschia Foundation announced their plans to create a joint ecosystem with a user base exceeding 250 million wallets. Klaytn says the new mainnet will inherit Klaytn’s integration with Kakaotalk and Finschia’s integration with LINE. After the merger , the combined foundation will continue to pursue ecosystem expansion in real-world asset tokenization and decentralized finance through collaborations with Japanese, South Korean, and Southeast Asian partners. You might also like: Chainlink (LINK) Partners South Korea’s Klaytn Blockchain Project for Oracle Solutions Additionally, KLAY and FNSA, the native coins of the two blockchains, will be replaced by a new native coin which will be issued based on the combined total amount of KLAY and FNSA. Holders of KLAY and FNSA will be able to ...

Japan removes corporate tax on unrealized crypto profit

Japan has scrapped corporate tax on unrealized profits Companies holding unrealized gains on their crypto assets will not pay tax on them as from April 1, 2024. Japan is reportedly doing away with corporate tax on unrealized profits from crypto currency holdings, according to the latest news by local media outlets. Japan changes corporate tax law on crypto Per the news updates, companies and institutions holding crypto will not pay tax on their “ unrealized gains” from April 2024.  The cabinet approved the tax changes on December 22, local media outlet Nikkei reported. The new tax regime will take effect on April 1, 2024 – the date that Japan’s fiscal year starts. This follows the Japanese government’s approval of a revision to the country’s tax law as applies to companies that hold digital assets issued by third parties. Companies are set to only get taxed on realized profits- after they sell. As it stands and...