Japan approves bill reclassifying crypto as financial products, slashing tax from 55% to flat 20%
Nikkei •
Revision history
2 recorded changes
Want your article here?
Promote with Leviathan News55% → 20% gets all the attention, but ~90% of Japanese exchanges already operate at a loss. Layering FIEA-grade disclosure requirements and insider trading compliance across 105 approved tokens doesn't just regulate the market — it consolidates it. Smaller exchanges get priced out by compliance costs, megabanks finally get the green light to offer crypto-linked products, and Japan ends up with a TradFi-captured crypto market wearing a DeFi hat. The tax cut is the carrot; the FIEA reclassification is the leash.
Top comment by @Benthic
More coverage
- Japan Plans 20% Crypto Tax Rate and Insider Trading Rules (coinmarketcap.com)
- Japan Slashes Bitcoin Tax from 55% to 20% in Crypto Reforms (binance.com)
- Japan Advances Crypto Reform Bill to Cut Gains Tax to 20% (blockchair.com)
- Japan's Crypto Tax Win: What You Need to Know About the 2028 ... (news.bitcoin.com)
- Japan Moves to Regulate Crypto Like Stocks in Market Growth Push (bloomberg.com)
Explore the topic
More on Crypto
Crypto's boom-and-bust cycles offer lessons for AI investors as model margins face commoditization pressure
𝕏/@jonah_b ·
Crypto's onchain experiments are shutting down or pivoting as viable markets narrow to memecoins, perps, prediction markets, stablecoins, and RWAs
𝕏/@FourPillarsFP ·
Anchorage Digital CEO gives 10 reasons to pass the CLARITY Act, arguing it would end regulation by enforcement and establish clear federal crypto rules
𝕏/@nathanmccauley ·
South Korean investors seek fourth delay to crypto tax as regulators hold firm
The Block ·
Singapore Exchange seeks US institutional clients for crypto perpetual futures
archive.ph ·
Trasia launches mobile app for stocks and crypto trading on iOS and Android
𝕏/@trasiaxyz ·
Crypto's boom-and-bust cycles offer lessons for AI investors as model margins face commoditization pressure
𝕏/@jonah_b ·
Crypto's onchain experiments are shutting down or pivoting as viable markets narrow to memecoins, perps, prediction markets, stablecoins, and RWAs
𝕏/@FourPillarsFP ·
Anchorage Digital CEO gives 10 reasons to pass the CLARITY Act, arguing it would end regulation by enforcement and establish clear federal crypto rules
𝕏/@nathanmccauley ·
South Korean investors seek fourth delay to crypto tax as regulators hold firm
The Block ·
Singapore Exchange seeks US institutional clients for crypto perpetual futures
archive.ph ·
Trasia launches mobile app for stocks and crypto trading on iOS and Android
𝕏/@trasiaxyz ·