Japan advances crypto bill with 20% tax rate and ETF pathway
Japan advances crypto bill with 20% tax rate and ETF pathway
Japan’s lower house has approved a bill that would classify cryptocurrencies as financial instruments and pave the way for crypto ETFs.The proposal would reduce the tax rate on crypto gains to 20% and introduce stricter insider trading and compliance rules.Rising institutional interest comes as major Japanese banks prepare stablecoin projects and regulators move toward a clearer crypto framework.