Japan Second-Quarter GDP Revision Sparks Recession Fears – CCN.com

Japan Second-Quarter GDP Revision Sparks Recession Fears – CCN.com 1  PASSIVE INCOME IDEAS BITCOIN AND BLOCKCHAIN

Japan’s economy faces both external and internal risks as latest GDP numbers released. | Source: Shutterstock Japan’s economic expansion cooled more than initially forecast in the second quarter, revised data showed, complicating the government’s planned consumption tax hike later this year. Ironically, the long-delayed sales tax increase is expected to shrink Japan’s GDP output later this year, plunging the country closer to recession. Japan GDP Revised Downward Japan’s gross domestic product – the value of all goods and services produced in the economy – expanded 0.3% in the second quarter,…

Crypto News From Japan: Sept. 2–8

Crypto News From Japan: Sept. 2–8 4  PASSIVE INCOME IDEAS BITCOIN AND BLOCKCHAIN

Japan, one of the leading markets for cryptocurrencies, has seen a series of important developments for the cryptocurrency and blockchain industries this week. The country’s financial regulator, the Financial Services Agency (FSA), has licensed crypto-related businesses. Japanese Deputy Prime Minister and Finance Minister Taro Aso noted that regulators need to find new approaches to address emerging technologies like cryptocurrencies and blockchain. Here is the past week of crypto and blockchain news in review, as originally reported by Cointelegraph Japan. Deputy Prime Minister addresses regulation approaches On Sept. 5, Minister Aso…