Crypto Tax Cuts Could Unleash Bitcoin Buying Spree In Japan

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Japan’s tough approach to crypto taxes is holding back both buyers and sellers. A survey of 1,500 adults in April found that just 13% currently own Bitcoin , Ethereum or other cryptoassets. Many say they’d be ready to dive in—if only Tokyo eased the tax burden. Majority Back Flat Tax According to the Japan Blockchain Association, 84% of the 191 people who already hold crypto would buy more if profits faced a flat 20% levy. And 12% of the 1,309 non‑holders said they’d start buying bitcoin or othe...