
Japan’s 2026 tax reform will lower crypto tax rates to 20%, authorize XRP and other crypto ETFs, and extend loss carryforwards, aligning more digital assets with traditional investment vehicles.
Japan’s upcoming 2026 tax reform will set a flat 20% tax rate on cryptocurrency gains, down from a maximum 55%, applying to specified assets under registered financial operators. The reform will also permit the launch of XRP and other crypto ETFs, broadening access to regulated investment products. Traders will be allowed to carry forward crypto-related losses for up to three years. The measures align digital asset taxation with that of stocks and investment trusts, aiming to enhance clarity and encourage participation in Japan’s crypto market.