Japanese Liberal Democratic Party Lawmakers' Web3 Policy Proposal: Call for Blockchain to Be Included in National Strategy

Odaily Planet Daily News: The Liberal Democratic Party's Blockchain Promotion Parliamentary League submitted a policy proposal to Finance Minister Katsuyama Satsuki on June 1, calling for blockchain and Web3 to be explicitly included in the national strategy.

The proposal covers multiple areas including tax reform, crypto ETFs, leverage trading regulations, dealing with unregistered operators, cryptocurrency strategy, and trade logistics. Among them, the proposal recommends further research into the selection mechanism between "separate self-assessment taxation" and "withholding at source taxation" for crypto assets, as well as exploring tax treatment for exchanges between crypto assets and inheritance scenarios.

Regarding derivatives regulation, the proposal argues that the current 2x limit on individual crypto leverage trading is too low and suggests gradually increasing leverage levels in conjunction with a margin management system. At the same time, the proposal also calls for clarifying the positioning of the crypto ETF framework and strengthening enforcement cooperation with overseas regulatory agencies.

Katsuyama Satsuki stated that the relevant institutional framework will be actively promoted, including advancing the implementation of crypto ETFs and studying the introduction of a new tax system in January 2028. (Coinpost)