Japan’s Financial Services Agency (FSA) is finalizing a major reform plan to reclassify 105 cryptocurrencies, including bitcoin and ether, as financial product groups. The agency is also proposing to reduce the income tax on cryptocurrency trading from a maximum of 55% to 20%, equivalent to the tax rate applied to securities. Under the new regulations, exchanges will be required to disclose detailed information about each asset, such as issuer, underlying blockchain, and price volatility.
The FSA is also considering measures to prevent insider trading, including restricting executives and issuers from trading based on non-public information. The reform package is expected to be submitted to the 2026 parliamentary session, along with tax adjustments in the next fiscal year. These changes aim to increase transparency, strengthen market integrity, and position Japan as a regional hub for crypto innovation.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
