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Japan is one of the countries that favors the use of cryptocurrency but imposes taxes on crypto trading and exchange. It regulates cryptocurrencies with the help of the Payment Service Act treating it as a property value in electronic form
A Japanese branch of the accounting behemoth Ernst & Young plans to launch an anti-counterfeiting blockchain service for tracking down fake sakes
Two men who were linked to the $550 mln Coincheck hack have been arrested by Japanese police
The Liberal Democratic Party of Japan intends to add the launch of the CBDC to the government’s policy guidelines so as to release the coin in the near future
The Bank of Japan to meet with other central banks to discuss the potential issuance of central bank digital currencies
Sumitomo Mitsui Banking Corporation (SMBC) invests in MoneyTap and R3's Corda as part of its partnership with SBI Holdings