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Japan’s Financial Services Agency plans to treat crypto assets as security-like financial products

According to Nikkei Shimbun, the Financial Services Agency of Japan plans to treat crypto assets as financial products similar to securities, and plans to implement tax cuts and approve Bitcoin spot ETFs. Currently, the Financial Services Agency of Japan is holding closed-door meetings with experts to review the current regulatory framework. It is expected to announce the system reform policy in June and promote legal revisions at the regular parliament in 2026. The new system also considers lifting the ban on Bitcoin spot ETFs and may reduce the current tax rate of 55% to 20%.

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