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Cryptocurrency in japan | Professional Account. If the tokens are similar in nature to prepaid cards and can be used as consideration for goods or services provided by token issuers, they may be regarded as prepaid payment instruments, which are subject to the relevant regulations of the PSA in which case the regulations in respect of Crypto Assets in the same Act would not be applicable. Prepaid card type If the tokens are similar in nature to prepaid cards and can be used as consideration for goods or services provided by token issuers, they may be regarded as prepaid payment instruments, which are subject to the relevant regulations of the PSA in which case the regulations in respect of Crypto Assets in the same Act would not be applicable. Another area of concern is that MAS may expect service providers to have the same technological risk requirements as banks. Establishment of contingency plans to deal with exigencies and provision of related training are also required. Declaration There is no obligation to declare cryptocurrency holdings when passing through Japanese Customs. |
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How to make money from cryptocurrency in japan / get free bitcoins in japan #binance #paypay #earnTOKYO -- Companies in Japan would no longer have to pay tax on unrealized cryptocurrency gains if they hold on to the digital assets under a. Is cryptocurrency legal in Japan?. Japan's government approved a bill that allows venture capital firms and investment funds to hold crypto assets. If passed by parliament, the.