Japan Moves to Put Bitcoin Under Financial Product Rules, Slash Crypto Taxes to 20%
Japan’s FSA plans to reclassify 105 cryptocurrencies, including bitcoin, as financial products, imposing securities-like disclosure, reporting, and market oversight requirements on exchanges. Japan’s Financial Services Agency (FSA) has reportedly finalized a sweeping plan to reclassify 105 cryptocurrencies — including bitcoin — as financial products under the Financial Instruments and Exchange […]
