Japanese media: Japan's policy of "reducing cryptocurrency tax rate to 20%" applies only to "specific" digital assets

According to Cryptonews citing Nikkei, Japan recently released a tax reform blueprint for 2026, significantly lowering the cryptocurrency tax rate to a unified 20%. Currently, the highest tax on crypto asset gains in Japan is 55%, which has suppressed domestic trading activities.

Reports indicate that the new tax reform will include cryptocurrency profits under the same 20% unified tax rate framework as stocks and investment trusts, but only for "specific crypto assets" processed by businesses registered in the financial instruments business operator registry. Major cryptocurrencies like Bitcoin and Ethereum may qualify, but specific business requirements are still unclear.