🔥Financial Innovation + Crypto Deregulation? A 7-Year Veteran of the Crypto World Helps You See the Core Impact💎

1. DOGE Debuts: Japan's Government 'Efficiency Revolution'

On December 2, Japan officially launched the 'Government Efficiency Department (DOGE)', led by Finance Minister Sakuta Katayama, with the core task of eliminating inefficient taxes and subsidies and optimizing financial allocation. This initiative fulfills the promise of the coalition government and sharply distinguishes itself from the previous government's policies, aiming to strengthen market trust in the yen and the Japanese economy by reducing waste and focusing on core areas. Notably, the Japanese government and the central bank have reached a consensus on economic assessment, clearing internal obstacles for subsequent policy implementation.

Two, the triple core impact of the crypto market

• Regulatory certainty is upgraded: The financial optimization logic of DOGE resonates with Japan's recent promotion of new crypto regulations—classifying crypto assets as "financial products," reducing the tax rate from a maximum of 55% to 20%, allowing banks to participate in crypto business, etc., is building a clear compliance framework. The entry threshold for institutions has been significantly lowered.

• Signals of capital reallocation: Japan's 21.3 trillion yen stimulus plan once triggered yen depreciation and soaring government bond yields, breaking the traditional yen-bitcoin arbitrage logic. The financial austerity measures of DOGE may alleviate market concerns about debt risk and create conditions for attracting stable funds to crypto assets.

• The imaginative space linked to MEME coins: Coincidentally, there is already a DOGE MEME coin abroad that achieved a market cap peak of $520 million based on the concept of "government efficiency." The introduction of DOGE in Japan may raise market attention to related conceptual tokens, but caution is needed regarding pure speculation risks.

Three, Sister IELTS's core judgment

Japan's recent actions are by no means isolated—on one hand, optimizing the fiscal fundamentals through DOGE, and on the other hand, activating market vitality through crypto regulatory reforms, essentially seizing the initiative in global digital economic competition. For retail investors, short-term attention can be paid to Japan's compliant crypto targets and the sectors benefiting from tax reform; in the long term, a clear regulatory framework plus the opening of institutional entry channels will promote the transformation of Japan's crypto market from "retail-led" to "institutionalized," which is also an important barometer for the global crypto industry.

Japan's crypto accounts have exceeded 12 million, with opportunities and risks coexisting amid the wave of compliance 🌊 Follow Sister IELTS, who will continue to track the details of DOGE policy implementation, the progress of Japan's crypto ETF, and capital flows, helping you accurately grasp the new trends in the crypto circle!@Crypto雅思 #DOGE