The Financial Services Agency will discuss creating a system that will make it easier for businesses to handle crypto assets (virtual currencies) at a Financial System Council working group preparing for the revision of the Payment Services Act.
If the burden on businesses were reduced, it would be easier to handle cryptocurrencies in games, which would encourage major domestic game companies to enter the market.
This could lead to research and development of an ecosystem that utilizes blockchain technology. The working group is a group established under the Financial System Council, an advisory body to the Financial Services Agency.
The FIEA is an organization that conducts research and studies on specific financial policies and regulations. Recently, with the expansion of the virtual currency market, there has been discussion about the supervision of exchanges and the introduction of new regulations, which has led to a rise in interest in fintech.
Regarding financial services that utilize new technologies, regulations are being developed regarding their safety and reliability.
At the "2024" event, speakers included Masaaki Taira, chair of the Liberal Democratic Party's web3 project team.
Even if you try to start a startup company in Japan, the problem of tax, which is not optimized for the modern era, is a bottleneck.
He mentioned that the problem of talented people and companies fleeing overseas has come to light. The tax reform will solve the issue of direct valuation tax on tokens issued by the company, and the following year, the tax reform will be implemented on tokens issued by other companies.
He also emphasized that the direct assessment tax issue has been resolved. One remaining issue is that "if a company holds tokens issued by non-major startups, such as Bitcoin,
In the case of the above, there remains a problem that accounting auditing firms cannot properly audit. In addition, WebX has a meeting with METI and the Financial Services Agency entitled "Public-Private Joint Creation: Promotion of Emerging Technologies such as Web3".
In addition to sharing useful information about the current situation, the FSA's FinTech Support Desk was also highlighted.
Ta.
2024/09/25 10:47 KST
Copyright(C) BlockchainToday wowkorea.jp 117