According to Odaily Planet Daily, at the 2024 International Web3 Conference "WebX", the Japan Crypto Asset Business Association (JCBA) discussed the reform of the crypto asset tax system. JCBA proposed four tax reform proposals, including changing personal crypto asset income tax from miscellaneous income (up to 55%) to separate taxation (unified 20%). Experts emphasized the importance of further environmental rectification considering the particularity of crypto assets and called on the public to actively participate in the discussion on tax reform. The meeting also discussed the possibility of treating crypto assets as transfer income and how to promote crypto asset investment and innovation through tax reform.