Japan has done something today that changes the industry landscape—legally "regularizing" cryptocurrencies.

Previously, in Japan, making money from trading cryptocurrencies was taxed as "miscellaneous income," with a maximum rate of 55%.
Earning 1 million and paying 550k in taxes—who can accept that?
Now, it’s treated like stock trading, a financial product, with a flat tax rate of 20%.
Paying 35% less in taxes—this is not a small amount.
And there's an even bigger change: Japan can now issue cryptocurrency ETFs in the future.
This means that large institutions like pension funds, insurance companies, and banks finally have a compliant channel to enter the crypto market.
Although it will only officially take effect in 2027, the direction is already set—by taking action, the world’s third-largest economy is making a statement.