Japan to End 8% Bitcoin Sales Tax

According to media reports, Japan’s Financial Services Agency, the country’s financial regulator, is weighing on abandoning the 8% sales tax which bitcoin and other cryptocurrencies are currently subject to.

Japan’s Brokerage Company Money Partners Group Invests in Kraken

One of the world’s leading bitcoin exchanges Kraken has announced it raised significant funds during Series B investment round from a Japan-based currency brokerage company Money Partners Group. Parties did not disclose details of the deal, so the exact amount of the investment is unknown. Kraken’s CEO Jesse Powell said.

Following The Partnership with Ripple SBI Holdings Invests in Kraken

Japanese venture capital firm SBI stated it would invest in bitcoin exchange Kraken, Reuters report. The deal is a part of Kraken‘s Series B investment round, and follows its recent merger with two North American bitcoin exchanges, Coinsetter and Carvitex. The terms of the investment, however, are kept undisclosed. Jesse.

Japan’s Biggest Bank Develops its Own Cryptocurrency, Media Reports

Bank of Tokyo-Mitsubishi UFJ, Japan’s biggest bank, has its own virtual currency dubbed MUFG Coin under development. Also it has finalized its pilot app. The news come from a post on Reddit by user jonny1000 who provided translation of a brief piece from Japanese publication Asahi. The publication itself references.

Ripple Rises and Partners with Japanese Financial Giant

Lately Ripple wasn’t performing as good as some other cryptocurrencies on the market. Ethereum even briefly replaced it on the 2nd position of market cap rating. People expected it to get flattened out by Ethereum any moment. They were eating popcorn watching the company’s native token XRP sinking. However, as.