Japan’s Financial Services Agency is contemplating major changes in its regulation of cryptocurrencies, including lifting the ban on Bitcoin ETFs and reducing the crypto tax rate from 55% to 20%. This strategic shift aims to align crypto assets with traditional securities and foster a more robust investment environment.

If these reforms are successfully implemented by June 2025, Japan could strengthen its position in the global cryptocurrency landscape, attracting both institutional and retail investors while ensuring enhanced investor protections. These expected changes reflect a broader ambition to integrate cryptocurrencies more dynamically into Japan’s financial ecosystem.