【Analysis: Japan's Senate election may reshape Bitcoin policy】Japan, once one of the world's largest crypto markets, has gradually weakened its market dominance after major hacking incidents such as Mt. Gox and Coincheck. Despite this, the Japanese crypto market still has great potential, with its total personal financial assets estimated at about 200 trillion yen, or about 13.5 trillion US dollars. However, high tax rates and complex rules for calculating losses on crypto assets constitute a significant investment barrier. The July 20 election may fundamentally reshape Japan's national governance structure and become a critical moment in the development of cryptocurrency policy.

Therefore, while the ruling coalition is in trouble with tax reform, the opposition is rapidly gaining momentum. The Japanese crypto industry is closely watching possible changes in the crypto tax classification system. In particular, the opposition advocates a separate taxation system to replace the current "miscellaneous income" rule. #山寨币突破