Japan's 2026 tax reform proposes cutting the crypto tax rate from up to 55% to a flat 20%, aligning crypto gains with equities and investment trusts. This tax relief will apply only to 'specified crypto assets' handled by registered businesses, likely including major coins like Bitcoin and Ethereum. Additionally, the reform introduces a three-year loss carryover for crypto trading and permits investment trusts with crypto exposure, alongside new crypto ETFs in the market.
