The Japan Blockchain Association (JBA) has submitted a tax reform proposal to the government, requesting that cryptocurrency transactions be included in the 20.315% declaration separate tax, replacing the current comprehensive tax of up to 55%. Representative Yuzo Kana pointed out that Japan already has over 12 million encrypted accounts and warned of the "110% inheritance tax" and the risk of capital outflows, calling for amendments to be made based on the stock system. At the same time, there is concern that implementing a 20% tax on Bitcoin spot ETFs will exacerbate the loss of liquidity in the spot market. （CoinPost） https://www. (wublock123.com)/index.php? m=content&c=index&a=show&catid=6&id=45851