Wu Blockchain (@WuBlockchain): The Japanese Financial Services Agency intends to treat crypto assets as financial products similar to securities, and plans to implement tax cuts and…
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The Japanese Financial Services Agency intends to treat crypto assets as financial products similar to securities, and plans to implement tax cuts and approve Bitcoin spot ETFs. The new system also considers lifting the ban on Bitcoin spot ETFs and may reduce the current tax rate of up to 55% to 20%. It is expected that the system reform policy will be announced in June and the legal amendment will be promoted at the 2026 ordinary session of the National People's Congress. nikkei.com/article/DGXZQO…