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BTCUSD and ETHUSD Soar as Japan Plans Massive Crypto Tax Cut and ETF Framework

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The Story

News Summary

  • Japan's Lower House approved a bill classifying crypto as financial products, potentially slashing capital gains taxes from 55% to 20%.
  • This landmark regulatory shift aligns digital assets with traditional securities and paves the way for regulated crypto ETFs in Japan, significantly boosting market accessibility and investor sentiment.
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BTCUSD price history

75792.52 +15.29% over the displayed period

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