#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