Cryptocurrencies

Modeling Bitcoin Price, an Introduction to the Stock to Flow Model

Posted on
Stock to Flow Model

A Bitcoin Pricing Model is getting the industry’s attention In traditional finance and accounting, many valuation methods and models are used to calculate the fair value of various assets. The DCF (Discounted Cash Flow) and CAPM (Capital Asset Pricing Model) are some examples that are used to value a business or equity. These models are used by estimating future cash flows and discounting that to their current values. At the […]

Seminars/Training

We’re Having a Crypto Roundtable on October 16!

Posted on
191016CryptoRoundTable

We are having a Crypto Roundtable on October 16 (Wed)! Come and join the discussion! The roundtable will be held at our office near Tokyo Station, starting at 7:30 PM We’ll be covering the basics of setting up a crypto wallet and creating a proper backup. Then we’ll have fun sending each other crypto using the wallet that we just installed.  I’ll try to break down the basics of how […]

Cryptocurrencies

JVCEA (Japan Virtual Currency Exchange Association) Releases Statistics on Japanese Crypto Exchanges for the First Half of 2019

Posted on
JVCEA stats

JVCEA (Japan Virtual Currency Exchange Association) Releases Statistics on Japanese Exchanges We updated our visualization of customer crypto balances at Japanese Exchanges to reflect data that was released by the JVCEA on September 10, 2019 The stats released by the JVCEA is a compilation of December 2018 – July 2019 transaction data provided by the members of the association. bitcoin surpasses XRP as the most held coin Japan Looking at […]

Cryptocurrencies

2019 Corporate Tax Reform – Impact on Cryptocurrencies

Posted on
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 held by entities at the end of the fiscal year Crypto with active markets: Mark-to-market […]

Cryptocurrencies

June 5 Crypto Roundtable

Posted on
CryptoRoundtable

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 such as hash functions, which is one of the elements that make a blockchain, a […]

Cryptocurrencies

New Crypto Regulation Coming

Posted on
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 discussed in a panel titled “Blockchain/DLT for Financial Trading” was implementing DLTs to perform the […]

Cryptocurrencies

JVCEA (Japan Virtual Currency Exchange Association) Releases Statistics on Japanese Crypto Exchanges

Posted on
1812-monthly-crypto-stats

JVCEA (Japan Virtual Currency Exchange Association) Releases Statistics on Japanese Exchanges We visualized some interesting data that was released by the JVCEA on February 20, 2019 The stats released by the JVCEA is a compilation of December 2018 transaction data provided by the members of the association. XRP stands out as the most popular coin in Japan Looking at the data, XRP makes up more than half (51.45%) of the […]

Cryptocurrencies

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

Posted on
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 The content of the speech was welcomed by the crypto community because it was full of positive ideas […]

Cryptocurrencies

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

Posted on
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 – The Po.et Project The challenge in claiming rights to digital content stems from the […]

Cryptocurrencies

Cryptotax – Heading into Tax Season

Posted on

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 to wrap your head around why one would consider crypto-to-crypto trades taxable. Technically speaking, when […]