Yuki’s plan also includes an important change, where there will be no tax imposed on the exchange of different cryptocurrencies, significantly reducing the burden on cryptocurrency investors. Yuki emphasizes that this tax reform is not only aimed at attracting cryptocurrency investors, but also one of his strategies to promote Japan as a Web3 powerhouse. He states his goal of making Japan a strong country in the Web3 field, which aligns with his efforts to increase the real income of the nation’s citizens and address the challenges of inflation.
The Democratic Party of Japan pledges to separate cryptocurrency and raise tax limit to 20 promoting Japan as a powerhouse in Web3