29/07/2023
The Japan Blockchain Association (JBA), on July 27, formally submitted a petition to the authorities asking them to review and slash the taxes on crypto assets. According to the JBA, led by Yuzo Kano of bitFlyer Inc., the taxation system for crypto-assets is one of the “biggest barrier” for companies to run Web3-related businesses and the active holding of digital assets by the public, and as such, reviewing this taxation system can promote increased Web3 participation in the country. ...
The Japan Blockchain Association (JBA), on July 27, formally submitted a petition to the authorities asking them to review and slash the taxes on crypto assets. According to the JBA, led by Yuzo Ka…