🇯🇵 Japan Eyes Big Crypto Reform!
Bitcoin ETFs + 20% Flat Tax Incoming?
📜 Proposal Highlights:
✅ Bring crypto under the Financial Instruments Act
→ Paves the way for #Bitcoin ETFs in Japan! 📈
💸 Flat 20% tax on crypto gains
→ Replacing current progressive rates (up to 55%)
📅 To be reviewed by the Financial System Council on June 25
🧠 Why It Matters:
• Boosts institutional access to crypto
• Simplifies taxation for traders & investors
• Puts Japan on track with global crypto-friendly jurisdictions 🌐
🚀 Japan joins the Bitcoin ETF race
Will Asia lead the next crypto wave?
#Bitcoin #CryptoJapan #BTC $BTC