Japan Pushes for Reclassification of Crypto Assets — Tax Reduced from 55% to 20%
Japan is pushing for regulatory changes that would allow crypto assets (such as BTC and ETH) to be moved from the Payment Services Act to the Financial Instruments and Exchange Act. This could slash the tax rate from around 55% to around 20%, equivalent to the stock tax rate. This reform is expected to be effective within 1–2 years, with a target final decision in December.
---
