Big Step from Japan: Burdens on Bitcoin and Cryptocurrencies Decreasing! - Coin Bulletin

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The Japan Financial Services Agency (FSA) plans to lift the ban on spot Bitcoin (BTC) ETFs and create a regulatory framework similar to securities by reducing the tax rates applied to crypto assets.

According to a report by Nikkei, the Japan Financial Services Agency plans to classify cryptocurrencies as financial products similar to securities and approve spot Bitcoin ETFs with tax incentives.

As part of the new regulation, lifting the ban on spot Bitcoin ETFs and reducing the current tax rate of up to 55% to 20% are being considered. The announcement of these reform policies is expected in June, with the promotion of legal changes at the regular session of the National People's Congress in 2026.

The regulatory body of Japan, FSA, has raised the issue of evaluating crypto assets similar to securities in order to enhance investor protection. With this regulation, it was emphasized that businesses operating in crypto assets need to disclose more information.

FSA announced that it has conducted a closed working session with experts to review existing regulations and plans to announce new regulatory policies in June after completing these reviews.

Approval may come for Spot Bitcoin ETFs

It is anticipated that these reforms may increase interest in spot crypto currency ETFs. The FSA President emphasized the need for a "cautious evaluation" for the approval of ETFs linked to crypto in his statement made last August. However, with the new system, significant changes such as lifting the ban on spot Bitcoin ETFs and reducing tax rates could mean a major transformation for the market.

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