PANews reported on November 16th that, according to DLNews, Japan's Financial Services Agency (FSA) plans to reclassify 105 crypto assets, including Bitcoin and Ethereum, as financial products and bring them under the purview of the Financial Instruments and Exchange Act. Currently, Japanese residents are required to declare cryptocurrency gains as "miscellaneous income," with a maximum tax rate of 55%. After the reclassification, trading gains on these 105 tokens will be taxed as capital gains, with the tax rate reduced to a flat 20%, on par with stock trading. The proposal is reportedly expected to be included in the budget bill in early 2026.PANews reported on November 16th that, according to DLNews, Japan's Financial Services Agency (FSA) plans to reclassify 105 crypto assets, including Bitcoin and Ethereum, as financial products and bring them under the purview of the Financial Instruments and Exchange Act. Currently, Japanese residents are required to declare cryptocurrency gains as "miscellaneous income," with a maximum tax rate of 55%. After the reclassification, trading gains on these 105 tokens will be taxed as capital gains, with the tax rate reduced to a flat 20%, on par with stock trading. The proposal is reportedly expected to be included in the budget bill in early 2026.
Japanese regulators plan to reclassify cryptocurrencies such as Bitcoin and Ethereum as financial products, potentially reducing the tax rate to 20%.
PANews reported on November 16th that, according to DLNews, Japan's Financial Services Agency (FSA) plans to reclassify 105 crypto assets, including Bitcoin and Ethereum, as financial products and bring them under the purview of the Financial Instruments and Exchange Act. Currently, Japanese residents are required to declare cryptocurrency gains as "miscellaneous income," with a maximum tax rate of 55%. After the reclassification, trading gains on these 105 tokens will be taxed as capital gains, with the tax rate reduced to a flat 20%, on par with stock trading. The proposal is reportedly expected to be included in the budget bill in early 2026.
Market Opportunity
The AI Prophecy Price(ACT)
$0.02625
$0.02625$0.02625
USD
The AI Prophecy (ACT) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.
You May Also Like
XRP Crowned South Korea’s Most-Traded Crypto of 2025
XRP Surpasses Bitcoin and Ethereum as South Korea’s Most Traded Crypto in 2025According to renowned market analyst X Finance Bull, XRP dominated South Korea’s crypto
Share
Coinstats2026/01/16 16:54
Here’s What XRP Requires to Reach $100, According to a Financial Strategist
Amid persistent discussions around the potential for XRP to reach greater heights, one market pundit has revealed what needs to happen for this to occur. Notably, while XRP continues to struggle at $3, certain market commentators have pushed for higher prices, especially ranging from $100 to $10,000.Visit Website
Share
The Crypto Basic2025/09/18 14:08
Why Bitcoin’s $100K “Resistance” Is Artificial, Not Technical
$1.2B in gamma exposure mechanically suppresses Bitcoin rallies through automated dealer hedging strategies. Call walls at $100K and put floors at $90K trap Bitcoin
Share
LiveBitcoinNews2026/01/16 17:00