This Change in Japan’s Crypto Tax Will Have Big Implications for Bitcoin and Ethereum

Japan is moving closer to fixing one of crypto’s biggest pain points in the country – taxes. But the details show the change won’t apply to everyone.

Under its 2026 tax reform blueprint, Japan plans to cut crypto capital gains tax from as high as 55% to a flat 20%. The move would put certain digital assets on the same footing as stocks and investment trusts, a long-standing demand from investors and industry groups.

The reform isn’t new but what’s clearer now is how limited its scope will be.

Only ‘Specified’ Crypto Assets Will Qualify

The lower tax rate will apply only to “specified crypto assets” handled by businesses registered under Japan’s Financial Instruments and Exchange Act (FIEA).

Around 105 cryptocurrencies…

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