Japanese Prime Minister Shigeru Ishiba is Wary of Taxing Cryptocurrencies Separately and Approving ETFs

Japanese Prime Minister Shigeru Ishiba said in a representative question at the plenary session of the House of Representatives recently that he was cautious about applying a unified 20% separate taxation rule to cryptoassets (virtual currencies). "Is it appropriate for the government to encourage investment in cryptoassets with investor protection regulations such as stocks and investment trusts? Will the public understand the idea of applying a separate self-assessment tax? There are several issues that need to be resolved. It needs to be carefully considered." At the same time, "Whether cryptoassets should be included in ETFs needs to be considered according to whether cryptoassets are assets that need to be more easily invested by the public."