Japan Goes All-In on Debt — Here’s Why Bitcoin Traders Should Care

Japan's government submitted three major fiscal bills to parliament on February 20, formalizing a structure of simultaneous tax cuts, record spending, and debt-financed deficits under Prime Minister Sanae Takaichi. The package carries both short-term risks and longer-term implications for Bitcoin and crypto markets. The Fiscal Picture The 2026 budget totals ¥122.3 trillion ($793 billion) in spending — a record for the second straight year — against ¥83.7 trillion in projected tax revenue. The gap will ...