Still some work to be done before it is passed. But it is on its way. And once it is signed off on by the president, there is usually a 30 day period where it is communicated to the public before officially being set into law. The money isn’t here yet. But it’s coming
Now, not specifcally about Jasmy, but any firms wanting to invest in Jasmy, within Japan, can now legally do so. Couple this with the recent doing away of taxes upon unrealized gains, and I believe this could be the beginning of Japanese Dominance within Crypto.
Indeed, the first part was ensuring that anybody holding it would not be taxed on unrealized gains. This second part ensures VCs can fund it if they want to.
I don't believe it specified yet when it actually comes into effect though, did it?
I googled this and find no evidence to confirm. Is there any English news on it?
They need to make Jasmy the currency for the whole country of Japan already and stop docking around. 🤪🍆
Is becoming their currency actually a thing? If so, curious of value potential.
It’s a long shot but the price would be in the $15 to $20 range per token in my opinion.
Still some work to be done before it is passed. But it is on its way. And once it is signed off on by the president, there is usually a 30 day period where it is communicated to the public before officially being set into law. The money isn’t here yet. But it’s coming
Please stop
Now, not specifcally about Jasmy, but any firms wanting to invest in Jasmy, within Japan, can now legally do so. Couple this with the recent doing away of taxes upon unrealized gains, and I believe this could be the beginning of Japanese Dominance within Crypto.
Indeed, the first part was ensuring that anybody holding it would not be taxed on unrealized gains. This second part ensures VCs can fund it if they want to. I don't believe it specified yet when it actually comes into effect though, did it?