Why Japan’s Tax Cut Could Trigger a Retail Crypto Boom

[johnblockbuster]

For years, crypto was taxed as “miscellaneous income” in Japan, leading to extreme rates that scared away average investors.
But the new 20% flat tax proposal may change everything.

With easier tax rules, exchanges expect a surge of new accounts. Some executives note that three times more people hold stock trading accounts than crypto accounts—meaning there’s huge room for growth.
If Japan truly aligns crypto with traditional investments, retail adoption could snowball fast.

[Abdul Khan]

Lower taxes always fuel greater retail participation.

[Nahid Hossen]

Japan’s tax reform might spark its biggest crypto wave yet.