The Japanese regulatory agency is considering reclassifying 105 cryptocurrencies such as BTC and ETH as "financial products," potentially reducing the tax rate to 20%.

By: theblockbeats.news|2025/11/16 20:45:56
0
Share
copy

BlockBeats News, November 16, the Japanese Financial Services Agency (FSA) plans to reclassify 105 cryptocurrencies including Bitcoin and Ethereum as financial products and include them in the regulation scope of the Financial Instruments and Exchange Act. Currently, Japanese residents are required to declare cryptocurrency gains as "miscellaneous income," with the highest tax rate reaching 55%. After the reclassification, gains from trading these 105 tokens will be taxed as capital gains, with the tax rate lowered to a uniform 20%, equivalent to the stock trading tax rate. The proposal is expected to be included in the budget for early 2026, as reported.

-- Price

--

You may also like

2025 South Korea CEX Listing Post-Mortem: Investing in New Coins = 70% Loss?

The 2025 South Korean exchange's new token listing performance is structurally similar to Binance's, with no significant differences.

BIP-360 Analysis: Bitcoin's First Step Towards Quantum Immunity, But Why Only the "First Step"?

This article explains how BIP-360 reshapes Bitcoin's quantum defense strategy, analyzes its enhancements, and discusses why it has not yet achieved full post-quantum security.

50 million USDT exchanged for 35,000 USD AAVE: How did the disaster happen? Who should we blame?

Due to a fatal flaw in the transaction path, a $50 million DeFi operation was executed with almost zero protection, resulting in nearly the entire amount of funds evaporating in a tiny liquidity pool.

The Cryptographic Past of the Middle East

Reality is often more exciting than fiction.

Resolving the Intergenerational Prisoner's Dilemma: The Inevitable Path of Nomadic Capital Bitcoin

When the baby boomer generation collectively sells off, who will become the "greater fool" in the next round of asset crashes?

Who Will Control AI? Why Decentralized AI May Be the Only Alternative to Government and Big Tech

AI has become critical infrastructure, and governments and corporations are competing to control it. Centralized development and regulation are entrenching existing power structures. The Web3 community is building a decentralized alternative — distributed compute, token incentives, and community governance — before that window closes.

Popular coins

Latest Crypto News

Read more