Japan's Financial Services Agency has released plans to overhaul the nation's tax code which could see the tax rate for crypto assets lowered in 2025.
Japan’s financial regulator has released plans for a comprehensive overhaul of the tax code for fiscal year 2025, including provisions for crypto assets that could see them taxed at a lower rate.
In the August 30 request for tax reform, Japan’s Financial Services Agency (FSA) highlighted crypto assets, pushing for them to be treated like traditional financial assets that can be invested in by the public.
Source: MartyParty