Japan to reform tax laws on long-term crypto holdings

In a significant move, Japan is set to overhaul its taxation policies regarding cryptocurrencies. Under the new regime, businesses holding cryptocurrencies as long-term assets will be exempt from taxes on unrealized gains. This decision, spearheaded by Japan’s Liberal Democratic Party and its coalition partner Komeito, aims to align the country’s fiscal approach with the evolving ... source: https://www.cryptopolitan.com/japan-to-reform-tax-laws/