ilmscore | This $130 Billion Crypto Pump Could Start in Japan!

This $130 Billion Crypto Pump Could Start in Japan!

Predictions from this Video

Total: 39
Correct: 0
Incorrect: 0
Pending: 39
Unrated: 0
Prediction
Topic
Status
USDC is predicted to be listed in Japan in October 2024.
"USDC is finally expected to get a listing in Japan in October 2024"
USDC
Pending
JPC Inc. is expected to obtain a license to sell USDC in Japan.
"The first will allow JPC Inc to sell usdc in Japan"
JPC
Pending
USDC is anticipated to be listed in Japan in October 2024.
"USDC is finally expected to get a listing in Japan in October 2024."
USDC
Pending
JPC Inc. is expected to obtain a license allowing for a 1:1 redemption of JPC for Yen.
"The second license is a bigger deal though because it will allow JPY C to be redeemed for Yen one: one"
JPC
Pending
USDC is expected to be listed in Japan in October 2024.
"USDC is finally expected to get a listing in Japan in October 2024"
USDC
Pending
USDC is projected to be listed on Japan's CoinCheck exchange via a partnership with Circle.
"specifically usdc is expected to debut on Japan's coin Check Exchange as part of a partnership with circle"
USDC
Pending
USDC is expected to debut on Japan's CoinCheck exchange through a partnership with Circle.
"specifically usdc is expected to debut on Japan's coin Check Exchange as part of a partnership with circle"
USDC
Pending
A review of Japan's crypto laws could lead to the scrapping of the ban on crypto ETFs in Japan.
"this review could result in quote dramatic changes including scrapping a ban on crypto ETFs in Japan"
Crypto ETFs in Japan
Pending
JPC Inc. is expected to be granted a license to sell USDC in Japan.
"The first will allow JPC Inc to sell usdc in Japan"
USDC
Pending
JPC Inc will be licensed to sell USDC in Japan.
"The first will allow JPC Inc to sell usdc in Japan"
USDC
Pending
The speaker believes the most reasonable outcome of the crypto law review is to reclassify crypto under Japan's financial instruments and exchange act, which would lower taxes and allow for loss deductibility.
"the most reasonable outcome would be to reclassify crypto under Japan's financial instruments and exchange act"
Reclassification of Crypto in Japan
Pending
JPC Inc. is nearing the completion of the review process for two new licenses.
"the company was quote in the final stages of the review process to obtain two important new licenses"
JPC Inc. Licenses
Pending
JPC Inc is in the final stages of obtaining two new licenses.
"the company was quote in the final stages of the review process to obtain two important new licenses"
JPC Inc Licenses
Pending
If Japan's crypto tax laws become equivalent to stock tax laws, it's estimated that 10 to 20 trillion yen ($130 billion) could return to the Japanese crypto markets.
"if the authorities were to make the tax law on crypto equivalent to that of stocks some 10 to 20 trillion yen would return to Japan's crypto markets"
Return of Capital to Japanese Crypto Markets
Pending
Japan will implement a license allowing Yen-pegged stable coins (JPYC) to be redeemed for Yen at a 1:1 ratio.
"the second license is a bigger deal though because it will allow JPY C to be redeemed for Yen one: one"
Yen Pegged Stable Coin Redemption for Yen
Pending
Japan will implement an off-ramp for Yen-pegged stablecoins.
"Japan is finally going to have an off-ramp for a Yen Peg stable coin"
Yen Pegged Stablecoin Off-ramp
Pending
The speaker predicts that Japan's crypto market will see a significant recovery within a few months.
"give it a couple of months and I'll bet you a few SATs that Japan is about to be so back"
Japan's Crypto Market Recovery
Pending
A new reserve-backed version of JPC will be issued on MUFG's Progmat chain, with reserves held by MUFG.
"it looks like JPC is additionally going to be issued as a trust type stable coin backed by reserves that will be held by Japan's largest bank m mufg"
Reserve-Backed JPC Issuance
Pending
A new reserve-backed JPC stablecoin will be issued on MUFG's Progmat chain.
"this new Reserve back JPC will be issued on mufg's prgmat chain"
Reserve Backed JPC on Progmat Chain
Pending
Binance Japan is exploring the possibility of launching a Japanese Yen stablecoin on the Progmat chain.
"even binance Japan is looking into launching a Japanese Yen stable coin on prgmat"
Binance Japan Stablecoin Launch
Pending
Binance Japan is considering launching a Japanese Yen stablecoin on Progmat.
"even binance Japan is looking into launching a Japanese Yen stable coin on prgmat"
Binance Japan Yen Stablecoin
Pending
Japan's 2024 tax reforms, which include changes to crypto taxation, became effective in April.
"The new policy was incorporated into Japan's 2024 tax reforms which came into effect in April"
Japan's 2024 Tax Reforms
Pending
Japan approved a proposal to eliminate corporate taxes on unrealized crypto gains.
"in December it approved a proposal to scrap corporate tax on unrealized crypto gains Al together"
Crypto Tax Reform in Japan
Pending
Japan's 2024 tax reforms, effective April, will incorporate the new crypto tax policy.
"The new policy was incorporated into Japan's 2024 tax reforms which came into effect in April"
Japan's 2024 Tax Reforms
Pending
A review of Japan's crypto laws may lead to significant changes, potentially including the removal of the ban on crypto ETFs.
"this review could result in quote dramatic changes including scrapping a ban on crypto ETFs in Japan"
Review of Crypto Laws for ETFs
Pending
Japan's Financial Services Agency is initiating a review of current crypto laws.
"Japan's Financial Services Agency was launching a review of the existing crypto laws"
Review of Crypto Laws in Japan
Pending
Japan's government will reassess whether regulating crypto under the Payment Services Act is the most appropriate approach.
"the government will re-evaluate whether or not regulating crypto under the payment services Act is the best approach"
Reclassification of Crypto
Pending
Japan's crypto law review may lead to the removal of the ban on crypto ETFs.
"this review could result in quote dramatic changes including scrapping a ban on crypto ETFs in Japan"
Scrapping Ban on Crypto ETFs in Japan
Pending
It is predicted that crypto will likely be reclassified under Japan's Financial Instruments and Exchange Act.
"the most reasonable outcome would be to reclassify crypto under Japan's financial instruments and exchange act"
Crypto Reclassification to Financial Instruments
Pending
If reclassified, crypto gains in Japan will be taxed at 20%, and losses will become tax-deductible.
"instead gains would be taxed at 20% in line with other Financial assets and losses would finally be tax deductible too"
Taxation of Crypto Gains
Pending
It is likely that crypto will be reclassified under Japan's Financial Instruments and Exchange Act.
"the most reasonable outcome would be to reclassify crypto under Japan's financial instruments and exchange act"
Reclassification of Crypto in Japan
Pending
A change in crypto tax law to match stock taxation could result in 10-20 trillion yen returning to Japan's crypto markets.
"if the authorities were to make the tax law on crypto equivalent to that of stocks some 10 to 20 trillion yen would return to Japan's crypto markets"
Return of Capital to Japan's Crypto Markets
Pending
Crypto gains in Japan could be taxed at 20%, aligning with other financial assets.
"instead gains would be taxed at 20% in line with other Financial assets"
Tax Rate for Crypto Gains in Japan
Pending
Within a couple of months, Japan's crypto market is predicted to experience a significant resurgence.
"give it a couple of months and I'll bet you a few SATs that Japan is about to be so back"
Japan's Crypto Market Revival
Pending
Losses from crypto investments in Japan will become tax-deductible.
"and losses would finally be tax deductible too"
Losses Tax Deductible in Japan
Pending
A tax law change making crypto taxation similar to stocks could bring 10-20 trillion yen back to Japan's crypto markets.
"if the authorities were to make the tax law on crypto equivalent to that of stocks some 10 to 20 trillion yen would return to Japan's crypto markets"
Capital Return to Japan's Crypto Markets
Pending
Japan's government appears ready to relax crypto regulations, potentially revitalizing the industry.
"the government finally looks poised to loosen those screws and hopefully make Japan's crypto scene great again"
Japan's Crypto Scene Future
Pending
The new Japanese government is expected to continue promoting Web3.
"the new government will continue preaching the web 3 gospel"
Japan's Adoption of Web3
Pending
Japan's crypto market is predicted to experience a significant resurgence in the coming months.
"give it a couple of months and I'll bet you a few SATs that Japan is about to be so back"
Japan's Crypto Market Inflow Prediction
Pending