đŻđ” Japan is ready to reduce taxes on cryptocurrencies
đ According to Bloomberg, Japan's Financial Services Agency (FSA) is studying the possibility of reclassifying digital assets and reducing the tax on cryptocurrency income from the current 55% to 20%.
âïž The FSA wants to tighten control over the digital asset sector but is ready to offer investors new opportunities, such as spot cryptocurrency exchange-traded funds (ETFs).
