Japan’s FSA plans to classify crypto as financial products, eyes 20% tax rate: Report

Japan’s FSA plans to classify crypto as financial products, eyes 20% tax rate: Report

Japan’s FSA plans to reclassify crypto as financial products, enforce new disclosure and insider trading rules, and cut the crypto tax rate from 55% to a flat 20%. Japan’s Financial Services Agency (FSA) is preparing an overhaul of the country’s crypto regulatory framework, moving to classify digital assets as “financial products” under the Financial Instruments…

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# Japan’s International Payments System will test plastic cards for CBDC

# Japan’s International Payments System will test plastic cards for CBDC

” Japan’s International Payments System will test plastic cards for CBDC “ Japan Credit Bureau (JCB), a Japanese analog to international payments systems like Visa or Mastercard, announced the start of its central bank digital currency (CBDC) infrastructure testing. The project will assumably prepare the payments platform for a national CBDC, which is currently being tested…

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