Japan Green-Lists SHIB, Targets Big Time Tax Savings
The designation from Japan's self-regulatory body makes SHIB a prime candidate for a proposed tax overhaul that would slash the rate on crypto gains from 55% to 20%.
Japan FSA Plans Major Crypto Overhaul: New Rules, 20% Tax, Bank Access
Japan’s FSA is overhauling crypto regulations, classifying digital assets as financial products, enforcing disclosures and insider trading rules, and exploring bank participation. SHIB joins Bitcoin and Ethereum on the Green List, potentially benefiting from new tax cuts. The reforms aim to boost transparency, oversight, and legitimacy in Japan’s crypto market.
