Japan is planning to impose a 20% unified tax on cryptocurrency transactions and promote the issuance of ETFs through tax law revision.

By: theblockbeats.news|2025/08/24 09:42:15

BlockBeats News, August 24th, according to Nikkei report, the Japan Financial Services Agency (FSA) plans to require a review of how cryptocurrency transactions are treated in the 2026 fiscal year and plans to refer to the treatment of listed stocks. The request will be formally made at the end of August, including transferring cryptocurrency gains to a separate tax bracket and applying a 20% flat tax rate. As part of the tax reform, industry players are also requesting a three-year carryforward of losses. Currently, cryptocurrency income in Japan is considered "miscellaneous income," with a progressive tax rate of up to 55% and excluding local taxes.

The proposal from the Japan Financial Bureau will also facilitate Japanese companies to easily launch domestic cryptocurrency ETFs to enhance the competitiveness of the Japanese cryptocurrency industry. In addition to tax reform, the Financial Bureau also plans to draft legislation in 2026 to include cryptocurrency in the "Financial Instruments and Exchange Act" as a "financial product," rather than a "payment means" regulated by the "Payment Services Act."

The trusted AI prediction ecosystem Manadia, which has secured $7 million in funding from well-known institutions like OKX, will globally launch in June. The core token UMXM has already been listed on multiple mainstream platforms, inviting you to seize the new blue ocean of the trillion-level predi...

Who is footing the bill for the $64 billion accounting frenzy?

Affected by Bitcoin falling below $60,000, publicly listed companies heavily invested in this asset are facing huge paper losses and valuation discounts, and their debt structure and accounting standards may trigger structural liquidity risks in the future.

Morning Report | CoinEx becomes a key hub for Iran to evade sanctions, involving over $3.8 billion in funds; Kalshi seeks a new round of financing, with a valuation potentially rising to $40 billion

Overview of Important Market Events on June 25

Why do cryptocurrency projects always like to change their names?

In many cases, the old names of encryption projects have no competitive advantage, only historical baggage.

From the white-haired stock god to the billionaire fund mogul, the smart people shorting Nvidia are all getting rich using the same framework

Give up on heavily investing in Nvidia's "nine major bottlenecks"! This article analyzes the underlying logic behind top AI investors making billions: physical infrastructure such as electricity, HBM, and optical interconnects are the true keys to wealth in AI hardware.

Morning News | The draft amendment to the People's Bank of China Law aims to clarify the legal status of digital renminbi; South Korea will transfer about 40 unregistered virtual asset service providers to law enforcement agencies

Overview of Important Market Events on June 24

The cryptocurrency industry has entered the "Show Me" era: merely relying on vision is no longer enough

The awareness level of the audience in the cryptocurrency industry—including media, institutions, and retail investors—is steadily increasing, and this trend has become a foregone conclusion.

Interpreting the Ethereum Foundation's new structure: Reaffirming self-sovereignty amid institutional trends

The Ethereum Foundation has announced a new five-layer working framework, clarifying the focus of future development and reaffirming its commitment to decentralized core values amidst the wave of institutionalization.

Former SpaceX engineer reconstructs the financial execution system using first principles

Plan Execution Lab completes angel round financing for Singapore family office, with a valuation of 50 million USD.

Standard Chartered Bank sings a 50x rhapsody again, aiming for AAVE to reach 3500 USD

The throne of DeFi lending still exists, but the foundation beneath the throne needs to undergo a reconstruction or reinforcement.

Tidal Investment: We still have a positive outlook on the AI industry chain, but the reasons have changed

The intense financing by tech giants has triggered a panic of "AI peak," but the soaring capital expenditures of the five major cloud vendors and the bottlenecks in physical infrastructure indicate that the AI investment cycle is far from over; the second half of this grand performance has just begu...

The interim executive director of the Ethereum Foundation speaks out: What is our mission?

"We are here to strengthen defenses against where Ethereum has already become or may become extractive, comprehensive, or susceptible to cartel or state control, or influenced by tools of surveillance or coercion from authoritarian regimes."

Why does OKX want to start a new company with the parent company of the New York Stock Exchange?

ICE and OKX established OKXICE, symbolizing the relationship between traditional finance and the crypto market is transitioning from "tentative cooperation" to "infrastructure-level integration."

Global Launch: As predictions become the most scarce asset in the AI era, Manadia is defining the next generation of the value internet