#BinanceHODLerERA 🇯🇵 Japan plans major crypto reform!
The Financial Services Agency (FSA) is forming a task force to consider bringing crypto under the Financial Instruments and Exchange Act.
✔️ Crypto may be classified as a financial product
✔️ Tax cuts likely — from 55% to ~20%, similar to stocks
✔️ Opens the door for a Bitcoin ETF in Japan
✔️ Stronger investor protection
✔️ WEB3 & NFTs to become part of Japan’s national investment strategy$BTC