Japan Investors Exit Crypto Not Because of Volatility, But Because of This
A recent survey reveals that Japanese investors are stepping back from the crypto market, not due to price volatility but because of complex tax requirements.
Japanese financial planning platform 400F surveyed 894 participants nationwide in November about their cryptocurrency habits. Among former crypto holders, 22.2% cited difficulties with the tax system as their primary reason for leaving. This surpassed price swings, with 19.4% of ex-investors naming volatility as their main reason for exiting the crypto space.
Sponsored
Sponsored
Administrative Demands Eclipse Market Fluctuations
Current digital asset holders report both volatility (61.4%) and tax complexity (60%) as nearly equal challenges. In Japan, crypto gains are classified…
