Sanae Takaichi Elected Japan's Prime Minister: What Are Her Views on Crypto?

Core Insights - Japan has elected its first-ever female prime minister, Sanae Takaichi, marking a historic moment in the nation's political landscape [1][2][6] - Takaichi's election signals a blend of policy continuity and reform, particularly in the realm of technology and digital assets [2][6] Crypto Policy and Adoption - Takaichi's policy record indicates a cautiously favorable stance towards cryptocurrencies, advocating for technological sovereignty and investment in digital infrastructure, including blockchain and Web3 [3][4] - Recent regulatory changes, such as allowing banks to hold Bitcoin and banning crypto insider trading, suggest a pro-tech direction that Takaichi is likely to continue [4] - Japan's user base for crypto investments has quadrupled to 8 million over five years, with on-chain value growing 120% year-over-year, the fastest in the Asia-Pacific region [5] - Takaichi's tax-cutting orientation could further accelerate crypto adoption, with potential tax alignment for crypto gains with equities at 20% [7][8] - Current taxation on crypto gains is as high as 55%, but there is momentum for reform under Takaichi's leadership [7][8] Economic Implications - Takaichi's fiscal policies, which include monetary easing and stimulus spending, may enhance liquidity for alternative assets like Bitcoin and Ethereum, reinforcing Japan's position as an emerging crypto hub [8]