Japan Proposes Crypto Tax Cut From 55% to 20%—The Boldest Move Yet in the Global Web3 Race
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Japan is quietly orchestrating one of the most significant crypto policy reversals in recent history, and it could reshape how major economies approach digital assets worldwide.
The country’s Financial Services Agency has submitted a groundbreaking proposal to bring cryptocurrencies under the Financial Instruments and Exchange Act—effectively reclassifying them from payment methods to legitimate financial products. More importantly for investors, the proposal includes slashing Japan’s punitive crypto tax rate from as high as 55% down to a flat 20%, aligning it with traditional capital gains taxes.
This isn’t just…
