Japan's Lower House Passes Bill Moving Crypto Under Securities Law, Opening Path to ETFs and 20% Tax Rate

Crypto Insight Summary: 1. 3. 5. Japan's lower house passed a bill amending the Financial Instruments and Exchange Act to regulate crypto like stocks, opening a path to regulated ETFs by 2027 and cutting the capital-gains tax from up to 55% to a flat 20%. Upper-house passage is pending; the reform is not yet law. By:• 3 hours ago Regulation & Politics Japan's lower house passed a bill on Thursday that reclassifies cryptocurrencies as financial instruments under the country's securities framework, clearing a path to regulated spot ETFs and a flat 20% capital-gains tax. The amends the Financial Instruments and Exchange Act (FIEA), shifting crypto out of the Payment Services Act and into the same legal framework that governs stocks, bonds, and investment trusts, . Representatives of the indicated that crypto ETFs could begin listing as early as 2027 once the framework is finalized. That tax change is . Crypto Insight Analysis: Direction: Bullish BTC / Bullish ETH / Bullish GT / Bullish BNB / Bullish OKB / Bullish HT / Bullish KCS Impact: Major Impact Horizon: Long-term (1 quarter-1 year) Reasoning: Japan's regulatory clarity and tax reduction will boost institutional adoption and trading volumes.