Startale CEO: Japan's ruling party proposes new crypto regulatory framework / Lives / ChainMarketTime:Smart Crypto. Smarter Decisions.

Startale CEO: Japan's ruling party proposes new crypto regulatory framework

On March 6th, Startale CEO Sota Watanabe revealed on social media: "Today is an important day in Japan. The ruling party proposed to regulate cryptocurrencies under a new framework in the Financial Instruments and Exchange Act. If approved this year, it is very likely that the tax exemption for encrypted ETFs and taxes will be reduced from a maximum of 55% to 20%. I am 100% sure that more Japanese people will enter the world of blockchain."