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

According to a report by Cryptonews citing Nikkei, Japan recently released its 2026 tax reform blueprint, proposing a significant reduction in the cryptocurrency tax rate to a uniform 20%. Currently, the highest tax rate on cryptocurrency gains in Japan is 55%, which has suppressed domestic trading activity.

The new tax reform reportedly includes cryptocurrency profits in the same 20% uniform tax rate framework as stocks and investment trusts, but only for "certain crypto assets" handled by businesses registered with the Registry of Financial Instruments Operators. Major cryptocurrencies such as Bitcoin and Ethereum may qualify, but the specific business requirements are still unclear.