Japan Pension Fund Eyes Bitcoin Investment Potential
Japan's government pension fund, one of the world's largest, is reportedly researching investment opportunities in traditionally illiquid assets, including Bitcoin.
Japan's government pension fund, one of the world's largest, is reportedly researching investment opportunities in traditionally illiquid assets, including Bitcoin.
Metaplanet, a Japanese company, has purchased $2 million worth of Bitcoin as cryptocurrency prices continue to rise, with BTC at $57,300, ETH at $2,353.85, BNB at $521.87, and SOL at $135.41.
Japan's financial regulator is considering taxing crypto as financial assets rather than income, which could lead to lower taxes for crypto investors.
Japan's financial regulator pushes for lower crypto tax rates, aiming to treat crypto as a mainstream investment target for the public.
Metaplanet, a major Japanese Bitcoin investor, collaborates with Ripple's banking partner SBI Group's crypto exchange SBI VC Trade to enhance its Bitcoin strategy through trading, storage, and operational support.
Japan's financial regulator aims to overhaul the nation's tax code, potentially reducing the tax rate on crypto assets in 2025.