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crazyboy

08/25 10:21

Japan plans major crypto overhaul with flat 20% ta

Japan plans major crypto overhaul with flat 20% tax, pathway to ETFs

Is Japan about to make crypto safer, smarter, and more profitable?

Japan and the United States are advancing crypto regulations, with Japan overhauling taxes and ETFs while the U.S sees key IRS leadership changes amid stablecoin legislation.
Japan is now taking a major step towards embracing mainstream cryptocurrencies.
The Financial Services Agency (FSA) is preparing a sweeping reform package that will combine tax revisions with regulatory upgrades, potentially opening the door to crypto-linked exchange-traded funds (ETFs).Under the proposed changes, authorities will tax digital assets like equities and classify them as financial products. This will enable the FSA to enforce insider-trading rules, disclosure requirements, and investor protections under the Financial Instruments and Exchange Act.2010

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