Japan Proposes Flat 20% Cryptocurrency Tax Rate to Stimulate Market Growth

Japan is planning a major shakeup of its cryptocurrency tax system, proposing a flat 20% rate across all gains for digital assets. This new policy aims to boost investor confidence and stimulate growth within the country’s crypto market. The proposal, put forward by the Financial Services Agency (FSA), targets legislative approval in 2026 with implementation potentially starting by 2027. This move aligns Japan’s tax system with stock taxation, creating a more transparent environment for institutional investors and increasing clarity within the market.