Japan's House of Representatives advanced a bill on June 10 that could reduce capital gains tax on Bitcoin and Ethereum from a maximum of 55% to a flat 20%.
According to NS3.AI, the legislation would shift crypto-asset transaction rules from the Payment Services Act to the Financial Instruments and Exchange Act if the House of Councillors approves it.
Under the proposed framework, crypto-related transactions would face added disclosure requirements, insider trading restrictions, and stronger penalties for unregistered operators.
Japan Advances Bill to Cut Bitcoin and Ethereum Capital Gains Tax to 20%
2026-06-12 09:56:24
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