2019 Corporate Tax Reform – Impact on Cryptocurrencies

Tax reform 2019

Taxation on Crypto Unrealized Gains (Losses) for Entities With the 2019 Corporate Tax Reform now in effect, unrealized gains (and losses) from cryptocurrencies held by entities will be subject to taxation. The impact of this change is significant for entities that hold crypto (exchanges, funds, etc.). I have summarized the effects below. Mark-to-market of crypto […]

June 5 Crypto Roundtable


Tokyo/Otemachi Crypto Roundtable Recap We discussed the history of Bitcoin and the mechanics of blockchains The main topics that we discussed during the June 5 Roundtable were related with the birth and history of Bitcoin and the basic technology that make blockchains work. During the one hour discussion, we got to touch on technical topics […]

Mandatory English Financial Disclosures Coming

English Financial Disclosures Coming!

Mandatory English Financial Disclosures Coming to the Tokyo Stock Exchange Starting with English disclosures of quarterly financial information A Nikkei article on March 15, 2019 caught our attention. “Tokyo Stock Exchange to reduce first section listings by 30% – Market cap requirement to be raised and English disclosures mandated” https://asia.nikkei.com/Business/Markets/Tokyo-Stock-Exchange-to-reduce-first-section-listings-by-30 There is an ongoing deliberation […]

New Crypto Regulation Coming

New Crypto Regulation Coming

New Crypto Regulation Coming: Make Room for the Financial Instruments and Exchange Act We attended the 2019 Japan International Banking & Securities System Forum The event was heavily focused on Cryptos, Blockchains and DLTs (Distributed Ledger Technologies). This is apparent from the speakers and sponsors of the event. One of the topics that was being […]

Is the SEC Shifting to a Laissez-faire Approach to Crypto?

SEC Commisionner Comment

Is the SEC Taking a Laissez-faire Approach in Regulating Crypto? Supportive comments for crypto from Crypto-mom, SEC Commissioner, Hester M. Peirce On February 8, 2019, the content of a speech given by SEC commissioner Hester M. Peirce was posted on the SEC website. Find the full speech at the following link. https://www.sec.gov/news/speech/peirce-regulation-view-inside-machine https://youtu.be/TrobxlCT9AU?t=15001 The content […]

Real World Application of Blockchains – The Po.et Project (Follow Up)

poet mainnet

Real World Application of Blockchains – The Po.et Project (Follow Up) Empowering Content Creators – Po.et – Mainnet Release Reclaiming Value to the Content Creators Through the Use of Blockchain Technology In a previous post, we introduced the Po.et project as an example of a real world application of blockchains. Real World Application of Blockchains […]

Cryptotax – Heading into Tax Season

Crypto Tax – Heading into Tax Season Three important points Crypto Tax Has Many Areas for Improvement According to the current announcements by the tax authority in Japan, crypto-to-fiat and crypto-to-crypto trades are both considered tax events. Though this is the global trend with crypto-taxes, when you think about how crypto technically works, it’s difficult […]

CryptoGain Website Now Live!

cryptogain website

CryptoGain Website Now Released Pre-register available Released On New Year! You were probably wondering what we were up to since BlockChainJam. The CryptoGain website is now live! It’ll be a while before you can start playing around with the App. But we hope the website will give you an idea of what’s in the works. […]

Happy holidays

kmra cpa leaves

We’re Open During the New Years Business as usual Happy Holidays! Today was the last business day for most companies in Japan. Looking at the markets, 2018 was the first year the Nikkei index was in the red for the year since the start of “Abenomics”. It has also been a brutal year for crypto […]