Japanese Cryptocurrency: How the Country Is Preparing for ETFs and Fixed Bitcoin Taxes Listen, something very interesting is happening in Japan regarding cryptocurrencies. This country, which was once very cautious about digital assets, is now changing direction—and doing it its own way, rigorously, systematically, but with an eye on growth. This is what the Japanese are doing. The Japanese Financial Services Agency (FSA) has proposed formally recognizing cryptocurrencies as financial products, not just digital means of payment. This is very important because they will be subject to securities laws like ordinary stocks or bonds. This means that Bitcoin ETFs can be launched, which are funds that allow you to invest in Bitcoin through the stock market without wallets and exchanges. Even cooler, they want to lower the tax rate on cryptocurrency income. Now in Japan, there is a progressive tax rate: if you make a lot of money on cryptocurrencies, you can use more than half of your income to pay taxes, up to 55%! But if these reforms are accepted, the tax rate will be fixed at 20%, the same as the stock income tax rate. This is undoubtedly a huge incentive for investors and businesses to operate in the legal field. This is not just a private initiative. These reforms are part of Japan's grand plan for economic revitalization, which they call "new capitalism." The government has formally included Web3, cryptocurrencies, and NFTs in its priorities—they are not toys for tech enthusiasts, but real tools for regional development and attracting investment. In addition, there is another point that is also very important: Japan has abolished the tax on unrealized profits from the issuance of tokens by companies in 2023—which means that they have taken a step towards the normalization of corporate ownership of crypto assets. At the beginning of 2024, the United States approved the first Bitcoin ETF, and Japan obviously does not want to lag behind. Asian neighbors such as Singapore and Hong Kong are also actively building crypto-friendly systems—the competition for the status of regional cryptocurrency center is becoming increasingly fierce. It turns out that Japan not only wants to catch up with this trend, but also wants to integrate into the future global financial system, where cryptocurrency will be a mature asset class, not an outlier. This approach can not only attract new investors, but also retain those who are already using cryptocurrencies but are flowing to other countries due to strict regulations. Friends, I want to ask you a question: If the largest economy in Asia decides to recognize cryptocurrency as a financial instrument and tax it the same as stocks, does this indicate that cryptocurrency is truly maturing, or is it just a measure taken by the government to avoid missing out on the benefits of new trends? If you want to find opportunities to dig deep into trends and accurately capture trading opportunities, you are welcome to Angkor's "main business"! Daily sharing, industry technology, analysis of market conditions, and dismantling of dry goods will take you to understand the volatile logic of ETH! #币安Alpha上新 #以色列伊朗冲突 #美国加征关税
