#japan

High taxes drive crypto companies out of Japan

According to Sota Watanabe, head of Web3 Stake Technologies, at least twenty companies have decided to start a crypto business outside of Japan.

Square Enix wants to create blockchain games

Square Enix, a Japanese video game publisher and developer, wants players to support video game development using blockchain in the future.

Japan steps up cryptocurrency regulation to prevent Russia from circumventing sanctions

The bill will oblige cryptocurrency exchanges to check whether the recipients of transactions fall under the sanctions imposed because of the conflict in Ukraine.

Japanese giant Mitsui will issue Stablecoin backed by gold and the company's guarantees

Why is it so important?

• Creating a new crypto asset with guarantees from a well-known Japanese company will become a new tool for trading on crypto exchanges.