Japan Could Ease Crypto Taxes and Allow Token ETFs

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According to a Bloomberg report, the Financial Services Agency (FSA) will conduct a review in the coming months to assess whether the current regulatory framework, the Payment Services Act, is sufficient.

Japan will reevaluate its cryptocurrency regulations, potentially easing taxes on digital assets and opening the door for domestic investment funds focused on tokens.

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Article Details

Author / Journalist: Ebiseyei Badei

Category: Crypto

Markets: IndiaJapan

Topics: Crypto Tax Market News Cryptocurrency Market ETFs News News

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-09-30 @ 18:00:00 (11 hours ago)

News Timezone: GMT +0:00

News Source URL: coinedition.com

Language: English

Article Length: 130 words

Reading Time: 1 minutes read

Sentences: 44 lines

Sentence Length: 3 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Coinedition

News ID: 22801463

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About Coinedition

Main Topics: Crypto

Official Website: coinedition.com

Update Frequency: 19 posts per day

Year Established: 2020

Headquarters: India

News Last Updated: 10 hours ago

Coverage Areas: India

Publication Timezone: GMT +0:00

Content Availability: Worldwide

News Language: English

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Publisher ID: #124

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