CoinVoice has recently learned, according to BeInCrypto citing local Japanese news media Nikkei, that the Financial Services Agency (FSA) of Japan plans to incorporate cryptocurrency tax reform into its 2026 tax revision plan.
The proposal is expected to combine tax changes with stricter regulations, and may introduce ETFs linked to cryptocurrencies. The reform plan consists of two key parts.
First, it includes a revision of the tax law that changes the classification of cryptocurrency from comprehensive tax to the same category as stocks. Secondly, it includes a legal amendment that reclassifies cryptocurrency as a financial product, allowing the FSA to apply insider trading rules, disclosure standards, and investor protection measures under the Financial Instruments and Exchange Act.
Currently, Japan classifies cryptocurrency gains as 'miscellaneous income' for taxation, with a progressive tax rate that may exceed 50% once local taxes are included. In contrast, stocks and bonds are subject to a flat tax rate of 20%. [Original link]