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Japan's recent moves are quite aggressive.
The financial bureau is preparing to reclassify 105 types of crypto assets as financial products. More importantly, regarding the tax reform proposal - currently, trading cryptocurrencies incurs a maximum progressive tax of 55% (under miscellaneous income), and they aim to change it to a flat 20% separate declaration tax.
Don't underestimate this adjustment. Cutting down from over 50% to 20% is not a minor tweak; it's a genuine loosening at the institutional level. For domestic traders and projects in Japan, the allure is directly maximized.
However, it is interesting that every time such a policy comes out, there are always people who drag certain individuals into it, accusing them of being unpatriotic or forgetting their roots. To be honest, if we are discussing policies, let's discuss the policies; why does it have to be tied to personal stances? Isn't this a confusion of topics? Matters are matters, and individuals are individuals; can't we look at them separately?