Japanese Prime Minister Shigeru Ishiba was cautious about the tax policy of crypto assets at the House of Representatives meeting, and believed that it was necessary to carefully consider whether to apply a unified 20% separate taxation rule. He pointed out that the current tax policy of up to 55% hinders the inflow of assets of Web3 companies and individuals, and tax reform is imperative. 💼
In addition, Shigeru Ishiba emphasized that with the growing demand for Bitcoin ETFs from institutions such as BlackRock, Japan needs to improve the trading environment of crypto asset ETFs to enhance market competitiveness. 📈 He believes that whether crypto assets should be included in ETFs should be determined based on their investment convenience. The future of Bitcoin may usher in new opportunities in Japan! 🚀