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Japan's Bold Reclassification Proposal Would Cut Crypto Taxes More Than 50%
Will Japan embrace the Financial Services Agency proposal and how will Israel-Iran-USA fallout
Austin Hodge
June 25, 2025
In a groundbreaking shift, Japan's Financial Services Agency proposes a reform that could drastically alter the way the nation views digital assets. By reclassifying cryptocurrencies as financial instruments, they aim to trim the cumbersome 55% tax on gains down to a more appealing flat rate of 20%, aligning them with stock taxes.
This isn’t just a tax tweak — it's a seismic move toward embracing the global crypto wave, potentially unlocking doors for local Bitcoin ETFs and expanding investor access. The proposal signals Japan’s bold step into a burgeoning digital economy, aligning with international trends, and reducing previous governmental skepticism.
Meanwhile, optimism and concern continue to wax and wane with the ever-evolving state of affairs between Israel, Iran, and the United States taking the financial and crypto markets for a ride.
Let's dive in!
Japan's FSA considers reclassifying crypto assets for tax benefits, potentially lowering capital gains obligations. — Read More
US alleges destruction of Iranian nuclear sites, but Intel says otherwise. — Read More
Eight South Korean banks form consortium for won-backed stablecoin amid regulatory shifts. — Read More
BRICS nations' trade exceeds $1 trillion as Putin emphasizes their growing global influence. — Read More
A report by BVI Finance reveals 94% of fintech executives find cross-border growth crucial, with 63% using International Finance Centres. — Read More
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