Japan’s ruling party moves to slash crypto capital gains taxes to 20%

Q: How long will it take to read this news story?

The story "Japan’s ruling party moves to slash crypto capital gains taxes to 20%" has 368 words across 14 sentences, which will take approximately 2 - 4 minutes for the average person to read.

Q: Which news outlet covered this story?

The story "Japan’s ruling party moves to slash crypto capital gains taxes to 20%" was covered 11 hours ago by Coin Telegraph, a news publisher based in United States.

Q: How trustworthy is 'Coin Telegraph' news outlet?

Coin Telegraph is a fully independent (privately-owned) news outlet established in 2013 that covers mostly crypto news. The outlet is headquartered in United States and publishes an average of 330 news stories per day. It's most recent story was published 8 hours ago.

Q: What do people currently think of this news story?

The sentiment for this story is currently Negative, indicating that people regard this as "bad news".

Q: How do I report this news for inaccuracy?

You can report an inaccurate news publication to us via our contact page. Please also include the news #ID number and the URL to this story.<ul><li>News ID: #26700270</li><li>URL: https://beamstart.com/news/japans-ruling-party-moves-to-17412782406107</li></ul>

Coin Telegraph 11h ago

Japan’s ruling party moves to slash crypto capital gains taxes to 20% - Coin Telegraph

Quick Summary:

Japan’s Liberal Democracy Party takes a proactive approach to crypto regulations as the country softens its stance toward digital assets.

Instead, the LDP proposed that taxes from crypto swaps be calculated all at once and charged only when the crypto is exchanged for fiat currency.

The government of Japan has never been explicitly anti-crypto and has adopted a measured regulatory approach balancing innovation with consumer protection.