Big news for cryptocurrency in Japan! The government wants to make it easier for people to invest in digital money like Bitcoin. They're thinking about changing the taxes. Imagine buying a toy and paying a lot more in tax than you should. That's kind of what's happening now.
- Japan's government wants to lower taxes on cryptocurrency.
- Currently, taxes on crypto profits are very high (up to 55%).
- The new plan would lower taxes to just 20%!
- This could make investing in crypto easier and encourage more people to do so.
| Current Tax | New Proposed Tax |
|---|---|
| Up to 55% | 20% |
This could be really big for crypto in Japan! It might make it easier to buy and sell cryptocurrencies.
