Japan is preparing one of its most far-reaching cryptocurrency policy shifts as it moves toward a 20% flat tax on digital asset gains, a change that places crypto on the same footing as equities and investment trusts.
The reform arrives as regulators draft new oversight rules, expand token classifications, and prepare a 2026 bill that could reshape trading behavior, custody demand, and institutional participation across the country’s digital asset market.
https://cryptotale.org/japan-moves-toward-flat-20-cryptocurrency-tax-in-new-plan/
3 Comments
this is a big shift, is it going to last?
tldr; Japan is planning a major cryptocurrency policy shift by introducing a flat 20% tax on digital asset gains, aligning crypto taxation with equities and investment trusts. Currently, crypto income faces progressive tax rates up to 55%, discouraging trading. The reform aims to boost trading activity and tax revenue while expanding institutional participation. Regulators are drafting new rules for token classifications, custody practices, and issuer disclosures, with implementation targeted for 2026. Enhanced investor protection and security measures are also part of the plan.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
For the dummies – is that better or worse than before?