Japan Set to Launch Crypto ETFs by 2028 – A Game-Changer for Asia 🇯🇵
Japan is preparing to legalize cryptocurrency ETFs by 2028, marking a massive shift in its digital asset policy. The Financial Services Agency (FSA) plans to add crypto to eligible investment trust assets, making them tradable through standard brokerage accounts.
Major players like Nomura and SBI are already developing products. Industry estimates suggest Japan's crypto ETF market could reach $6.7 billion, though that's still far behind the US market's $120 billion.
Tax Cuts Could Unlock Massive Demand 💰
The real game-changer? Slashing crypto taxes from 55% to just 20%. The FSA plans to submit this legislation in 2026, aligning digital assets with stocks and investment trusts. This could unleash huge pent-up investor demand.
Catching Up in Asia's Regulatory Race 🏁
Hong Kong already offers spot crypto ETFs with $500M in assets. South Korea is pushing its Digital Asset Act. Taiwan now allows domestic funds to invest in overseas crypto ETFs.
Japan's late entry gives it time to learn from others, but competition for regional crypto capital is heating up fast.
