Prediction: If This 1 Policy Changes, Bitcoin and Ethereum Will Soar
Yahoo Finance·2025-12-08 10:35

Group 1 - Tax policy significantly influences market behavior, often more than product news [1] - Japan is considering a major tax overhaul for cryptocurrencies, which could lead to a market boom [2] - Current tax rates on personal crypto gains in Japan are between 5% to 45%, with an effective ceiling near 55% [4] Group 2 - Proposed changes could reduce the effective tax rate on cryptocurrency gains to a flat 20%, aligning it with stocks and investment funds [5] - Support for the tax reform is seen as part of a strategy to boost Japan's economic growth and retain capital domestically [5] - As of May 2025, approximately 12.4 million Japanese residents are involved with cryptocurrency, holding over 4.26 trillion yen (about $27.5 billion) on domestic platforms [6]