Japan Approves Crypto Bill: Bitcoin, Ethereum, and XRP Set for 20% Tax Rate

Story Highlights* Japan advances crypto bill classifying Bitcoin and Ethereum alongside traditional securities.

  • Japan's proposed reforms slash crypto taxes from 55% to flat 20% nationwide.
  • However, unregistered crypto operators could face prison terms rising from three to ten years.
BTC0.63%
ETH-0.23%
XRP-0.83%
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