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Japan Moves to Cut Crypto Taxes, Clears Potential Route for ETFs

Japan's Lower House has approved a bill that would treat cryptocurrencies as financial products and slash related tax rates to 20% from a top rate of 55%, The Japan Times reported. Lawmakers are also pushing measures that could set the stage for cryptocurrency exchange-traded funds in Japan. The proposal now goes to the Upper House for review. If enacted, the changes could accelerate crypto adoption among both retail investors and institutions.
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