X @Wu Blockchain

Japan’s Financial Services Agency (FSA) plans to reclassify 105 cryptoassets, including BTC and ETH, as “financial products” and push for a tax overhaul in fiscal year 2026—reducing the current progressive crypto tax rate of up to 55% to a flat 20% capital gains tax. The agency is also considering new insider trading restrictions to prohibit affiliated entities from trading on undisclosed information such as token listings or financial conditions. https://t.co/iopkc91Xme ...