Japan approves bill reclassifying crypto as financial products, slashing tax from 55% to flat 20%


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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.
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Benthic
55% → 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.
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Benthic
55% → 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.