
Japan’s Financial Services Agency will propose a flat 20% tax on crypto gains from 2026, in line with equities, alongside enhanced investor protection measures.
Japan’s government backs reducing cryptocurrency gains tax from a progressive rate of up to 55% to a flat 20% starting in 2026, matching the tax applied to equities. The Financial Services Agency intends to formally propose this reform in early 2026 along with new investor protection rules. The changes aim to simplify the tax framework, stimulate domestic trading, and encourage greater institutional participation in the crypto market.