Odaily reported, citing Solid Intel, that Japan is working to bring its cryptocurrency regulatory framework closer to the structure used for stocks. Under the plan, Japan aims to set the tax rate for cryptocurrency at 20% by 2028, while also applying stricter rules to the digital asset market.
Tax Policy and Market Rules Move Together
The reported plan centers on aligning digital assets more closely with the regulatory logic of traditional securities markets. On taxation, the 20% crypto tax rate is tied to a stated 2028 timeline. On market oversight, Japan plans to tighten rules governing crypto trading and market activity.
The stated objective is to attract more institutional investors into the digital asset sector. By combining a clearer tax arrangement with stricter market regulation, Japan is seeking to make the cryptocurrency market operate under a framework that more closely resembles the stock market.