Japan: Stablecoins are not cryptocurrencies

Japan: Stablecoins are not cryptocurrencies
фото показано с : thenextweb.com

2018-10-29 15:08

The Japanese Financial Services Agency revealed exclusively to Bitcoin News today that, under current law, stablecoins are not cryptocurrencies. Currently there are two pieces of legislation that cryptocurrency companies must satisfy in Japan.

The Fund Settlement Law and the Payment Services Act. The Fund Settlement Law defines cryptocurrencies as means of payment, making them exempt from tax. The Payment Services Act state cryptocurrency exchanges must register with the Financial Services Agency (FSA). By the Payment Services Act’s definition, stablecoins are not “virtual currencies. ” “In principle, stablecoins pegged by legal currencies do not fall into the category of ‘virtual currencies’ based…

This story continues at The Next Web

.

Similar to Notcoin - Blum - Airdrops In 2024

origin »

Japan Brand Coin (JBC) на Currencies.ru

$ 0 (+0.00%)
Объем 24H $0
Изменеия 24h: 0.00 %, 7d: 0.00 %
Cегодня L: $0 - H: $0
Капитализация $0 Rank 99999
Доступно / Всего 0 JBC

services payment stablecoins cryptocurrencies act law currencies

Источник: thenextweb.com

services payment → Результатов: 126


Monetary Authority of Singapore Grants Two Licenses to Offer Digital Payment Token Services

Singapore has granted licenses to DBS Vickers, the brokerage arm of DBS Bank Ltd. , and the Australian crypto exchange Independent Reserve to offer digital payment token services. Both the firms were granted an “in principle” approval from the Monetary Authority of Singapore (MAS) under the country’s Payment Services Act in the past two months.

2021-10-2 23:15


cosquare ICO

cosquare is a globally scalable social marketplace with the potential to transform how a generation of social media users shop. Serving consumers, influencers and brands, cosquare merges the worlds of blockchain technology, social media and e-commerce to create a fun and gamified social shopping experience.

2018-10-22 17:05


Фото:

Bitpay Phases Out Crypto-Debit Cards for European Cardholders

The global cryptocurrency payment service provider, Bitpay, has announced the company’s loadable cryptocurrency debit card services will no longer work for European customers later this month. Bitpay has emailed all of its European card holding customers and revealed it is in the midst of sunsetting all Bitpay accounts related to the Wave Crest-issued Bitpay card.

2018-10-5 20:05


Фото:

Ripple Welcomes PNC Bank into RippleNet

Ripple has announced a new addition to its growing RippleNet payment facilitation platform. According to a blog post on the official Ripple website dated September 19, 2018, PNC Bank, a top ten bank in the United States has joined RippleNet, and will now be able to give its customers access to Ripple’s services including sending and receiving instantaneous cross-border payments....The post %%POSTLINK%% appeared first on %%BLOGLINK%%.

2018-9-21 19:00


INFLEUM ICO

INFLEUM is an open source brand publishing and marketing agent platform based on blockchains that provides 8 DAPP services by ELSOL COMPANY. INFLEUM measures and distributes the value of influence according to user participation within all stages of the brand publishing ecosystem cycle: investment, network, marketing, sharing, consumption, and payment.

2018-9-11 02:03


дальше еще 77 новостей →

Партнеры Currencies.ru

Аналог Notcoin - Blum - Играй и зарабатывай Монеты



Реклама на Currencies.ru

Самое свежее на Currencies.ru

Ethereum’s Pectra fork moves forward with Mekong testnet launch

Ethereum has launched the “short-lived” Mekong testnet to test key upgrades for the upcoming Pectra fork. The Ethereum ecosystem is taking another step toward the Pectra fork with the launch of the Mekong testnet, a short-lived environment designed to test…

Cardano switches to decentralized governance with Chang hardfork 

Cardano has completed its Chang upgrade, marking the switch to a decentralized governance system that allows ADA holders to have a say in the network’s future direction. Named after Chinese mathematician Ch’ang Shou, the upgrade was completed at block 10764778…

Binance to support Cardano’s Chang hard fork

Binance has announced that it will support Cardano’s upcoming network upgrade and hard fork. Cryptocurrency exchange giant Binance disclosed its readiness to support Cardano (ADA) for its Chang hard fork in an announcement on Aug. 30. Ahead of the hard…

Ethereum Set for Overhaul of Crucial Programming Standard With 'EVM Object Format'

The EOF proposal is a series of smaller EIPs that include measures aimed at updating and improving the Ethereum Virtual Machine (EVM), the programming environment that executes smart contracts on the blockchain, and arguably Ethereum’s secret sauce that made it different from Bitcoin and other early distributed networks at the time it launched in 2015.

Blockchain developer to fork BRC-20 to bring defi to Bitcoin

A blockchain developer is set to fork the BRC-20 token standard to introduce decentralized finance capabilities to the Bitcoin network. A blockchain developer under the alias Mikael.btc, best known as the creator of the BRC-100 token standard, wants to fork…