Japan Approves Crypto Bill: Bitcoin, Ethereum, and XRP Set for 20% Tax Rate

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The post Japan Approves Crypto Bill: Bitcoin, Ethereum, and XRP Set for 20% Tax Rate appeared first on Coinpedia Fintech News

Japan Lower House has approved a bill that would officially classify cryptocurrencies such as Bitcoin and Ethereum as financial products, placing them under the same legal framework as stocks and traditional securities.  If approved by the Upper House, the changes could slash crypto taxes 55% to a flat 20% and accelerate the launch of crypto …