According to reports, Japan is implementing fundamental changes in digital currency regulations that could significantly impact investors, exchanges, and even Bitcoin (BTC) Exchange-Traded Funds (ETFs). Recently, the Financial Services Agency of Japan (FSA) requested Apple to remove exchange apps like Binance, OKCoin, and Bitget from the App Store, indicating a stricter supervision approach. However, this is just part of the story. Sources say FSA is holding private sessions with experts to review current laws and introduce new regulations for the digital currency industry by June 2025. FSA’s main goal is to create a safer environment for investors and reduce fraud risks. If digital currencies are classified as securities, Japanese traders may face more restrictions. On the other hand, this change could pave the way for Bitcoin ETFs in Japan. Japan is likely to reduce the digital currency tax rate from 55% to 20% to align it with traditional financial investments. This move could attract large investors, such as SoftBank. SoftBank recently invested in a Bitcoin mining company and plans to launch a large data center in Texas. According to Bloomberg, these changes align with the global approach towards digital currencies. The US recently approved Bitcoin ETFs and showed more support for digital assets. Analysts believe that tax reduction, approval of Bitcoin ETFs, and entry of institutional investors can make Japan one of the leaders in the global digital currency market. If these reforms are implemented, investor confidence will increase, and the long-term growth trajectory of this market will smoothen. On the real-time digital currency prices page, you can view the prices of all tokens and cryptocurrencies live and in real-time.
