Japanese investors aren’t leaving crypto because of volatility — it’s the complex tax system.
A new survey shows 22.2% quit due to tax burdens, even more than those worried about price swings.
With rates up to 55% and strict trade-by-trade reporting, many feel the admin stress outweighs the gains.
But nearly 40% would return if tax rules were simplified.
Japan’s regulators are now considering a fairer 20% tax rate, which could reignite local crypto adoption.