Crypto Boom: Japan Cuts Crypto Gains Tax to 20% While a 9,900% Token Earns Investors’ Attention With Millions Sold in Hours
Japan has taken a significant step forward in its approach to cryptocurrency taxation, slashing the tax on crypto gains from a hefty progressive rate of up to 55% to a uniform 20%. This policy shift is designed to promote investment in the digital asset sector. For traders, this is a