CryptoBullishBlockonomi · 4h ago7/10
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Japan Advances Crypto Law With Tax Cuts, Trading Rules, and Bank Custody Plans
Japan is advancing comprehensive cryptocurrency legislation that integrates digital assets into traditional financial frameworks. Key reforms include implementing a flat 20% tax on crypto gains (down from higher rates), allowing three-year loss carryforwards, establishing insider trading rules for crypto markets, and enabling banks to offer custodial services for digital assets.