Japan Democratic Party Election Promise to Separate Cryptocurrency Tax Limit 20 Promoting Japan as a Web3 Powerhouse
Yuki’s plan also includes an important change, where there will be no tax levied on the exchange between different cryptocurrencies, greatly 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 strategies to promote Japan as a Web3 powerhouse. He states that he wants Japan to become a powerhouse in the Web3 field, which is in line with his efforts to increase the real income of the citizens and address the challenge of inflation.