tax reform

Japan

2026-07-23 19:30:15

Japan Targets 2028 for Crypto ETF Launch, Eyes Tax and Regulatory Overhaul

Japan is preparing to introduce crypto asset ETFs by 2028, following the US lead. Regulatory reforms, tax cuts to 20%, and major financial institutions' involvement mark progress, though practical hurdles remain.

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Nigeria

2026-07-23 17:35:15

Nigeria Rolls Out Identity-Based Crypto Oversight, Ties Transactions to Tax IDs

Nigeria's new tax reforms mandate crypto service providers link transactions to Tax Identification Numbers (TIN) and National Identification Numbers (NIN), replacing blockchain surveillance for compliance.

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Japan

2026-07-23 05:05:14

Japan’s Bitcoin ETF Nears Approval as Finance Minister Declares 2026 ‘Digital Year One’, Crypto Tax Slashed to 20%

Japan Finance Minister Satsuki Katayama declared 2026 the 'Digital Year One' and pledged full support for crypto exchanges. SBI Holdings' Bitcoin ETF filing awaits approval. Crypto tax cut from 55% to 20%, yen stablecoin JPYC launched, BOJ tightens policy. Bitcoin surges to $92,500.

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Japan

2026-07-23 04:25:14

Japan's Lower House Passes Crypto Bill: ETF Path Opens, Tax Cut to 20%

Japan's lower house passed a bill reclassifying crypto as financial instruments under securities law, paving the way for ETFs and reducing top tax from 55% to a flat 20%. The legislation awaits upper house approval, expected effective 2027.

530

Japan crypto

2026-07-22 20:20:14

Japan Finance Minister Backs Crypto Trading on Stock Exchanges

Japan’s Finance Minister Satsuki Katayama said she supports adding crypto trading services to the country’s stock exchanges as regulators work on a broader overhaul of crypto rules and taxation by fiscal 2026.

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Japan

2026-07-15 07:04:59

Japan Senate passes bill to reclassify crypto assets as financial products

Japan’s House of Councillors has passed amendments to the Financial Instruments and Exchange Act and the Payment Services Act that would reclassify crypto assets from a means of payment to financial products, according to CoinPost, as cited by ChainCatcher. The bill also renames crypto asset exchange operators as crypto asset trading operators and sharply raises penalties for unregistered sales, with the maximum prison term increasing from up to three years to up to 10 years and fines rising from up to 3 million yen to up to 10 million yen. It introduces insider trading rules for crypto assets for the first time, banning trades based on material nonpublic information, and requires certain token issuers to make regular annual disclosures. On taxation, the framework would shift from comprehensive taxation of up to 55% to separate self-assessed taxation of about 20%, while allowing losses to be carried forward for three years. The tax changes are expected to take effect on Jan. 1, 2028. The bill also creates an institutional framework for crypto ETFs, with Japan Exchange Group expected to push for ETF listings around 2027.

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Spain

2026-07-09 05:28:18

Spain Proposes Tax Reform to Seize Cryptocurrency for Tax Debts

The Spanish Treasury is seeking to reform tax law to allow seizure of cryptocurrency assets for debt recovery. A royal decree declares electronic money entities as tax collection agents. From 2024, taxpayers must declare overseas crypto holdings. Potential conflicts with EU MiCA regulation loom.

530

Spain

2026-07-09 05:28:18

Spanish Treasury Proposes Tax Reform to Seize Cryptocurrency for Debt Recovery

Spain's Treasury seeks to reform tax laws to allow seizure of cryptocurrency for tax debt recovery. Electronic money entities are designated as collection agents, and overseas crypto holdings must be declared. Implementation faces compatibility challenges with EU MiCA regulation.

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