The Democratic Party of Japan pledges to separate cryptocurrency from taxation at a maximum rate of 20 advocating for Japans emergence as a Web3 powerhouse

Yumaki’s plan also includes an important change, which is the exemption of taxes on exchanges between different cryptocurrencies, greatly reducing the burden on cryptocurrency investors. Yumaki 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 his intention to make Japan a strong player in the Web3 field, which aligns with his efforts to increase real income for the citizens and address the challenges of inflation.