POPA ReconJapan pushes to legalize digital asset ETFs... Taxes are also lowered to 20%
Japan pushes to legalize digital asset ETFs... Taxes are also lowered to 20% The Japanese government is currently pursuing a law amendment that would change digital assets, which are defined as payment methods under the Fund Settlement Act (PSA), to those subject to the Financial Instruments and Exchange Act (FIEA). Once the bill is finally passed, digital assets will be classified as financial products like stocks and bonds and managed under the same regulatory system. #Japan
The excerpt is quoted from a public Telegram channel, which owns its text.