Bitcoin, Ethereum set for 20% flat tax under Japan’s 2026 crypto overhaul
Japan’s 2026 tax reform will cut crypto rates to 20%, enable XRP and other crypto ETFs, and let traders carry losses forward three years.
Summary
- Japan will tax specified crypto assets like Bitcoin and Ethereum at a flat 20% from 2026, aligning them with stocks and investment trusts.
- New rules allow three-year loss carryforwards and pave the way for XRP and additional crypto ETFs under the Financial Instruments and Exchange Act.
- Officials expect lower taxes and clearer oversight to draw investors, lift trading volumes, and support Japan’s regulated digital asset market.
Japan announced plans to reduce taxes on certain cryptocurrencies to a flat 20%, down…
