Japan to Reduce Cryptocurrency Tax Rate to 20% for Registered Assets in 2026

Japan's ruling coalition has proposed a 2026 tax reform that would lower the maximum cryptocurrency tax rate from 55% to a flat 20% for registered assets. The plan would align the treatment of crypto with stocks and investment trusts, and could cover Bitcoin and Ethereum once amendments to the Financial Instruments and Exchange Act are approved. Bitcoin is currently priced at $89,567.12 with a market cap of $1.79 trillion and a 24-hour trading volume of $30.73 billion, reflecting a 2.02% gain.