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Japan proposes amendments to ease regulations on tokenized membership rights for Decentralized Autonomous Organizations (DAOs), aligning tokenized rights with traditional company memberships, marking a significant step towards fostering DAO operations. (Read More)
A tax cut to 20% is part of Democratic Party for the People leader Yuichiro Tamakis broader plan to make Japan a Web3 leader.
Japan's Financial Services Agency (FSA) has warned several foreign cryptocurrency exchanges, including Binance, of conducting business in the country without proper registration, violating the nation's fund settlement laws. The FSA has been cracking down on unregistered crypto exchanges since 2020, and this warning signifies that the cryptocurrency industry in Japan and other nations is facing greater regulatory scrutiny. (Read More)
Japanese financial watchdog warned Bybit, Bitget, and other exchanges for operating without registration in the country.
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