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Where does Japanese PM Sanae Takaichi stand on crypto? Here’s what we know – DL News

Where does Japanese PM Sanae Takaichi stand on crypto? Here’s what we know – DL News

  • Ruling Liberal Democratic Party won a supermajority in Sunday’s election.
  • Takaichi will not impede efforts to reform Japanese crypto tax law, say experts.
  • Industry wants Tokyo to introduce a flat 20% tax on crypto earnings.

Long-awaited crypto tax reforms will go through unimpeded following the Liberal Democratic Party’s resounding victory in a snap election on Sunday, experts say.

Prime Minister Sanae Takaichi called the election in January, hoping to capitalise on her sky-high pre-election approval ratings. Takaichi promised to resign if her party failed to win a decisive majority.

Her gamble paid off, with the LDP winning a supermajority of two-thirds of the lower house’s seats.

“In terms of her foreign and fiscal policy, the…

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