Japan‘s top financial regulator, the FSA, is planning a major crypto shake-up. The key changes include:
- Reclassification: Cryptocurrencies will be deemed “financial products.”
- Tax Cut: A flat 20% capital gains tax would replace the current system with rates as high as 55%.
- New Rules: Mandatory token disclosures and a ban on insider trading.
The proposal, which covers 105 major tokens like Bitcoin and Ether, is set to be submitted to parliament in 2026, signaling a new era of regulatory clarity for Japan’s crypto industry.
