Japan's Finance Minister Satsuki Katayama announced in a keynote speech at the 'Open Quick 2026' seminar held on the 10th, "We will promote consideration towards allowing virtual asset ETFs in Japan as well." According to Financial News, the Japanese government plans to incorporate virtual assets as financial products through an amendment to the Financial Instruments and Exchange Act (FIEA). Once the law amendment is complete, SBI Securities and Rakuten Securities are expected to start selling virtual asset ETFs. Tax reform is also being pursued. Currently, income from virtual asset transactions is subject to a tax rate of up to 55%, but if the amendment is implemented, it is expected to be lowered to a separate taxation of 20%, similar to stocks.
