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Japan’s Financial Services Agency is making significant strides toward recognizing crypto assets as legitimate financial products akin to securities. This groundbreaking move seeks to enhance transparency and safeguard investors by mandating more comprehensive disclosures from companies dealing in digital currencies.
Reports indicate that the agency is actively designing a reform system with a policy announcement expected in June. Subsequent discussions at the Financial System Council this autumn will pave the way for legislative amendments in the 2026 regular Diet session. Notably the proposed system aims to introduce Bitcoin spot ETFs and possibly align crypto tax rates with traditional financial income taxes at 20%.
The move aligns with global trends as the expert study group under the agency supports the idea of cryptocurrencies as viable investment options. This shift mirrors recent developments in the U.S. where the SEC approved Bitcoin and Ethereum spot ETFs fostering a more robust and regulated cryptocurrency market.
