FSA

Japan FSA Reviews Crypto Regulations and Tax Cuts

October 1, 2024
The Financial Services Agency (FSA) of Japan is set to reassess its cryptocurrency regulations, potentially reducing taxes on crypto gains and reclassifying digital assets.  Bloomberg News reported that the agency’s review will continue through winter. It will examine whether the Payments Act framework remains suitable given cryptocurrencies’ evolving role. According to the report, the FSA