Japan to Slash Crypto Tax Rate to 20% in 2026 Reform Push
Japan's proposed tax overhaul marks a watershed moment for digital asset investors. The planned reduction—from rates as high as 55% to a flat 20% on qualifying crypto gains—signals institutional recognition of cryptocurrencies as legitimate financial instruments rather than speculative oddities.
The reform specifically targets "specified crypto assets" handled by registered firms, creating parity with traditional investment vehicles. Market participants anticipate renewed domestic activity as the changes alleviate pressure that previously drove traders offshore.
This recalibration reflects broader global trends toward crypto normalization, though the selective application demonstrates regulatory caution. The MOVE could reposition Japan as a competitive hub for blockchain innovation after years of tax-driven capital flight.