Gov't, ruling party to consider introducing crypto ETFs

Gov't, ruling party to consider introducing crypto ETFs

The government and the ruling People Power Party (PPP) said Friday they will consider moving to approve exchange-traded funds (ETFs) tracking spot prices of cryptocurrencies.

FSA Japan Proposes Stricter Rules for “Professional Token Sales”

Professional token sales will be subject to requirements to disclose the technical structure of the asset, issuer information, and intended use of funds. To continue reading... Sign in Password * Remember me Lost your password? Subscribe Subscribe to Regulation Asia to gain access to APAC’s leading platform for news, analysis, research and verified data on financial regulation. Select …

Japan Approves  Crypto ETFs And Proposes Taxes Reduction Of 20%

Japan’s Liberal Democratic Party (LDP) Proposes that there is a reduction of the capital gain tax on cryptocurrency from 55% to 20%  The Financial Services Agency (FSA) also recommends creating a new category for intermediary businesses to help reduce gaming firms and wallet providers’ barriers to engaging in crypto transactions. Japan has set out to make significant changes to its cryptocurrency rules. The ruling party has introduced a new fram…

Japan’s Liberal Democratic Party Takes Bold Steps on Digital

Japan's LDP proposes significant reforms for digital asset regulations. New proposals aim to establish clear tax guidelines and asset classifications. Continue Reading:Japan’s Liberal Democratic Party Takes Bold Steps on Digital Asset Regulations The post Japan’s Liberal Democratic P...

Japan’s ruling party moves to slash crypto capital gains taxes to 20% - BTC Ethereum Crypto Currency Blog

Japan’s Liberal Democracy Party takes a proactive approach to crypto regulations as the country softens its stance toward digital assets. Japan’s Liberal Democracy Party (LDP), the ruling party in Japanese politics, is moving ahead with comprehensive regulatory reform on cryptocurrencies that would slash the capital gains tax on crypto to 20% and categorize digital assets as a distinct asset class. According to LDP lawmaker Akira Shiizaki (Akihi…

Japan's Ruling Party Plans to Reduce Cryptocurrency Capital Gains Taxes to 20%

The ruling party in Japan is considering reducing taxes on cryptocurrency transactions. This move could potentially make investing in digital assets more appealing to Japanese citizens. The tax reduction proposal by the ruling party aims to stimulate the growth of the crypto market in Japan. Lower taxes on crypto transactions could incentivize more people to participate in trading and investing in digital currencies. This potential tax break is …