Techub News reports that according to the Nikkei, Japan's Financial Services Agency (FSA) plans to include cryptocurrency tax reform in its 2026 tax revision proposal. This proposal is expected to combine tax changes and stricter regulations, and may introduce ETFs linked to cryptocurrencies. The reform plan consists of two key parts. First, it includes revising the tax law to classify cryptocurrencies in the same category as stocks, rather than as comprehensive income. Second, it includes a legal amendment to reclassify cryptocurrencies as financial products, allowing the FSA to apply insider trading rules, disclosure standards, and investor protection measures based on the Financial Instruments and Exchange Act. Currently, Japan taxes cryptocurrency gains as 'miscellaneous income' with a progressive tax rate, which can exceed 50% once local taxes are included. In contrast, stocks and bonds are subject to a flat tax rate of 20%.