Japanese Lawmaker Proposes Groundbreaking National Bitcoin Reserve Strategy
A Japanese parliamentarian named Satoshi Hamada is spearheading an ambitious initiative to establish a national Bitcoin reserve, submitting over 200 proposals to convert foreign exchange holdings into digital assets. The campaign gains significance as other major economies, including Russia and Brazil, explore similar strategies while Bitcoin surges past $100,000.
Japan Eyes Bitcoin Integration into National Reserves Amid Economic Strategy Shift
Japanese lawmaker proposes incorporating Bitcoin into national foreign exchange reserves, marking a potential turning point for cryptocurrency adoption at government level. The initiative emerges as Japan explores innovative financial strategies following its recent drop to fourth-largest economy globally.
Coincheck Makes Historic Nasdaq Debut Following $1.3B Merger
Japanese crypto exchange Coincheck prepares for landmark Nasdaq listing under 'CNCK' ticker, following a $1.3 billion merger with Thunder Bridge Capital. The move marks a significant milestone as one of the few crypto companies to successfully list on a major U.S. exchange.
Japan Unveils Landmark Crypto Tax Reforms in Economic Stimulus Package
Japan plans to simplify cryptocurrency taxation by introducing a flat 20% rate, replacing current rates of up to 55%. The reform, part of a broader economic stimulus package, signals the country's commitment to fostering digital asset innovation and maintaining its competitive edge in blockchain technology.