Japan’s FSA eyes crypto reclassification under FIEA to lower capital gains tax to 20%

japan’s-fsa-eyes-crypto-reclassification-under-fiea-to-lower-capital-gains-tax-to-20%
Japan’s FSA eyes crypto reclassification under FIEA to lower capital gains tax to 20%

Japan’s Financial Services Agency considers reclassifying crypto assets as financial products under Financial Instruments and Exchange Act (FIEA), which would reduce capital gains tax on crypto to a flat 20%. On June 24, Japan’s Financial Services Agency released a new…

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