Japan's Financial Services Agency (FSA) plans to reclassify 105 crypto assets, including BTC and ETH, as 'financial products' and aims to implement stock-equivalent tax benefits for related transactions by the end of fiscal year 2026. This move would change Japan's current system of taxing crypto transactions as 'miscellaneous income' with a progressive tax rate of up to 55%, potentially shifting to a flat 20% capital gains tax rate in the future. The FSA's 'approved list' criteria include factors like project transparency, issuer credibility, technical soundness, and price volatility risks. Additionally, they are considering introducing new restrictions on crypto insider trading, prohibiting entities associated with project teams or exchanges from trading related assets when in possession of non-public information (e.g., listing schedules, financial status). (DL News) http://(wublock123.com)/index.php?m=content&c=index&a=show&catid=6&id=51953