Japan Democratic Party Election Pledge Lowering Cryptocurrency Tax Rate to 20 and Propelling Japan towards Web3 Supremacy

Yuki’s plan also includes an important change, where the exchange between different cryptocurrencies will no longer trigger taxes, significantly reducing the burden on cryptocurrency investors. Yuki emphasizes that this tax reform is not only aimed at attracting cryptocurrency investors but also one of his strategic initiatives to promote Japan as a Web3 powerhouse. He states his intention to make Japan a leader in the Web3 field, which aligns with his efforts to increase the real income of the citizens and address the challenge of inflation.