Japan’s FSA proposes classifying crypto as financial products under FIEA, enabling Bitcoin ETFs and cutting the crypto tax rate from 55% to a flat 20%.
Crypto Tax Reform
India’s crypto leaders forcefully push tax relief as Trump softens stance
Key Takeaways: India’s cryptocurrency market is making a strategic pivot as market leaders make a case before policymakers to liberalize regulations. More than 90% of cryptocurrency trading by Indian citizens has moved offshore following the introduction of a 30% capital gains tax and a 1% transactional fee in 2022. As a response, homegrown cryptocurrency exchanges […]