Japan's move is steady; 70% of the 14 million accounts are ordinary people.


They are finally treating crypto as a legitimate financial instrument rather than a wild scheme.
Tax rates are lowered + ETFs are paving the way, maximizing retail investor friendliness.
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CoinNetwork
The Japanese Parliament is about to pass a cryptocurrency regulation bill
The Japanese House of Representatives has passed a bill to transfer cryptocurrency regulation from the Payment Services Act to the Financial Instruments and Exchange Act, as it has become a mainstream investment asset.
Data from the Financial Services Agency shows Japan has over 14 million crypto accounts, with 70% held by retail users earning less than 7 million yen annually.
The new regulation will take effect next year, classifying crypto assets as financial instruments, applying lower tax rates and stricter trading rules, and paving the way for new products like ETFs, while also implementing insider trading bans similar to those in the stock market.
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