🇯🇵 Japan passes key legislation, opening the path for Bitcoin ETFs


On July 15, a Japanese House of Councillors committee approved a measure to officially reclassify cryptocurrencies such as Bitcoin as “financial instruments,” giving them treatment equivalent to stocks and bonds. It previously passed the House of Representatives, and a full-chamber vote is likely to come through soon.
Key points:
✅ The spot Bitcoin ETF could be listed on the Tokyo Stock Exchange as early as late 2027 or in 2028
✅ Crypto capital gains tax will be sharply cut from a maximum of 55% to a unified 20% (effective in 2028)
The fourth-largest economy in the world fully embraces crypto—this is a major long-term positive for Bitcoin! Institutional capital is expected to flow in significantly; with clear regulation plus tax optimization, the Asian crypto market is set to see a renewed surge.
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