Pafin, operator of Cryptact, acquires crypto tax service provider Gtax

Foresight News reports, according to Nikkei, that Pafin, the operator of Japan's crypto asset management service Cryptact, has acquired the crypto tax service provider Gtax. The two parties plan to complete brand integration in October this year. The impetus for this restructuring is the revision of the Financial Instruments and Exchange Act, which, for the first time, includes cryptocurrencies under the scope of financial product regulation.