1. Japan's Financial Services Agency is considering reclassifying Bitcoin and other cryptocurrencies as financial products, similar to stocks and bonds.
2. This reclassification could lower the tax rate on profits from cryptocurrency investments, currently reaching up to 55%. The new rate is expected to be a flat 20%.
3. The proposed change would also make digital currencies subject to insider trading rules and require more information disclosure from issuers. The draft bill will be submitted to the Diet next year for revision.
2. This reclassification could lower the tax rate on profits from cryptocurrency investments, currently reaching up to 55%. The new rate is expected to be a flat 20%.
3. The proposed change would also make digital currencies subject to insider trading rules and require more information disclosure from issuers. The draft bill will be submitted to the Diet next year for revision.
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Summary
Japan's Financial Services Agency proposes reclassifying Bitcoin and other cryptocurrencies as financial products, akin to stocks and bonds. The proposed change aims to lower the tax rate on profits from crypto investments, currently at up to 55%, to a flat 20%. Additionally, digital currencies
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ID: c894130a-891e-4a8d-8877-beefa2554c08
Category ID: listed_summary
URL: https://www3.nhk.or.jp/nhkworld/en/news/20251202_B3/#summary
Date: Dec. 2, 2025
Created: 2025/12/02 15:40
Updated: 2025/12/07 21:15
Last Read: 2025/12/02 16:28