星球日报|Dec 02, 2025 04:59
[The Japanese government plans to unify the tax rate on cryptocurrency gains to 20%, with a proposal to be submitted to parliament as early as 2026]
Odaily Planet Daily reports that the Japanese government has supported adjusting the tax rate on cryptocurrency gains from the current progressive rate of up to 55% to a flat 20% rate, aligning it with financial products such as stocks. This tax reform will be one of the proposals from the Financial Services Agency (FSA) and is planned to be submitted to parliament in early 2026. The Japan Blockchain Association (JBA) has been advocating for this reform over the past three years, arguing that high tax burdens have hindered the development of the domestic cryptocurrency industry. The report notes that the new tax system is expected to be implemented alongside stricter investor protection measures, including a ban on trading using non-public information and strengthened information disclosure regulations. (Nikkei Asia)
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