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Japan Eyes 20% Tax Rate for Top Crypto Assets

Japan’s financial regulator is preparing a sweeping overhaul of its crypto taxation framework by proposing to classify 105 digital assets, including bitcoin and ether, as financial products. If approved, the move would c...

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Japan Eyes 20% Tax Rate for Top Crypto Assets
Japan’s financial regulator is preparing a sweeping overhaul of its crypto taxation framework by proposing to classify 105 digital assets, including bitcoin and ether, as financial products. If approved, the move would cut tax rates for many crypto traders and introduce new insider trading safeguards. FSA Moves Toward Reclassifying Crypto Assets as Financial Products Japan […]

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This cryptocurrency story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

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