Flat 20% Tax on Crypto Profits Under Discussion in Tokyo

[kevin1]

The regulatory shake-up comes as Japan considers lowering the tax burden on crypto traders. Officials are debating a proposal to replace the current high tax brackets with a flat 20% tax rate on all crypto trading gains—an update that could reshape Japan’s retail trading landscape.

[Nahid Hossen]

Japan clearly wants tighter control before the next wave of adoption hits.

[Nahid Hossen]

A flat 20% tax could simplify things for Japanese investors and encourage more participation.