Japan’s Prime Minister Sanae Takaichi secured a decisive victory in the 2026 snap elections, gaining a strong mandate to implement economic and regulatory reforms. The market reacted positively with a surge in BTC/JPY and Japanese equities, driven by expectations of fiscal stimulus and pro-growth policies. Key reforms under consideration include reducing crypto gains tax to around 20%, allowing loss carryforwards, and reclassifying some digital assets as financial products, potentially transforming Japan's crypto landscape by 2028.