Japan's Financial Services Agency (FSA) announced on the 4th, in its financial administration performance report for July 2025 to June 2026, that it has achieved policy goals related to digital finance, including cryptocurrency system reform and stablecoin activation. According to Coinpost, the FSA explained that an amendment to incorporate cryptocurrencies as subjects of the Financial Instruments and Exchange Act and introduce insider trading regulations passed the National Diet in July. With the implementation of the amendment, cryptocurrency taxation is expected to shift from the existing highest comprehensive tax of 55% to a separate taxation of approximately 20%. In addition, the FSA stated that it is promoting the expansion of related utilization, such as supporting the joint issuance of yen-denominated stablecoins by the three major megabanks.
