Japan’s FSA Considers Lifting Bitcoin ETF Ban & Cutting Crypto Taxes

In Brief:

Japan’s Financial Services Agency (FSA) is exploring Bitcoin ETF approval and crypto tax cuts.

Proposed tax reforms may lower crypto gains tax from 55% to 20%, aligning with stock capital gains.

If approved, Japan could strengthen its position as a global crypto hub.

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Japan’s Financial Services Agency (FSA) is in closed-door discussions about lifting its ban on Bitcoin spot ETFs and reducing crypto taxation. If implemented, these reforms could make digital assets more attractive to institutional and retail investors, bringing Japan’s crypto policies closer to the US and Canada.

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A key proposal includes reducing the maximum crypto tax rate from 55% to 20%, aligning it with capital gains taxes on traditional financial instruments. Additionally, approving Bitcoin ETFs would provide a regulated investment pathway for institutions, boosting market confidence.

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If finalized, these measures could drive significant growth in Japan’s crypto industry and attract global digital asset investment.

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