Japan’s Lower House has reportedly passed legislation that would bring cryptocurrency assets under the country’s financial instruments framework, potentially opening the door to crypto exchange-traded funds and lower tax rates for investors.<\/p>\n
The bill would move digital assets closer to the regulatory treatment of stocks and bonds, with capital gains taxes on cryptocurrencies such as Bitcoin and Ether potentially falling from a maximum of 55% to a flat 20% rate from 2028.<\/p>\n
The legislation would also place crypto assets under stricter financial market rules, including enhanced disclosure requirements, tighter exchange oversight and insider trading restrictions.<\/p>\n
The parliamentary advance follows months of indications that Japan intends to shift crypto regulation away from a payment-focused model and towards a financial-market framework.<\/p>\n
The Financial Services Agency previously indicated that crypto assets, including Bitcoin and Ether, would be regulated under the Financial Instruments and Exchange Act rather than the Payment Services Act.<\/p>\n
Under the proposed framework, crypto assets would be treated as financial products distinct from securities while remaining subject to enhanced investor protection and compliance standards.<\/p>\n
The changes could also create a pathway for crypto-tracking ETFs in Japan, providing investors with a regulated method of gaining exposure to digital assets through traditional financial markets.<\/p>\n
Official records showed the bill cleared the Committee on Financial Affairs on June 10, with the legislation expected to take effect next year after progressing through Japan’s Upper House.<\/p>\n
At the time of reporting, Bitcoin price was $63,565.83.<\/p>\n","protected":false},"excerpt":{"rendered":"Japan’s Lower House has reportedly passed legislation that would bring cryptocurrency assets under the country’s financial instruments framework,…\n","protected":false},"author":2,"featured_media":39256,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[5435,8,28865,33,28866],"class_list":["post-39255","post","type-post","status-publish","format-standard","has-post-thumbnail","category-japan","tag-etf","tag-japan","tag-japan-crypto-bill","tag-nihon","tag-tax-hurdle"],"_links":{"self":[{"href":"https:\/\/www.europesays.com\/japan\/wp-json\/wp\/v2\/posts\/39255","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/japan\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/japan\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/japan\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/japan\/wp-json\/wp\/v2\/comments?post=39255"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/japan\/wp-json\/wp\/v2\/posts\/39255\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/japan\/wp-json\/wp\/v2\/media\/39256"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/japan\/wp-json\/wp\/v2\/media?parent=39255"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/japan\/wp-json\/wp\/v2\/categories?post=39255"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/japan\/wp-json\/wp\/v2\/tags?post=39255"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}