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Crypto Boom: Japan Cuts Crypto Gains Tax to 20% While a 9,900% Token Earns Investors’ Attention With Millions Sold in Hours

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Crypto Boom: Japan Cuts Crypto Gains Tax to 20% While a 9,900% Token Earns Investors’ Attention With Millions Sold in Hours - TheNewsCrypto

Quick Summary:

Japan has taken a significant step forward in its approach to cryptocurrency taxation, slashing the tax on crypto gains from a hefty progressive rate of up to 55% to a uniform 20%.

This policy shift is designed to promote investment in the digital asset sector.

The move highlights Japan’s commitment to fostering innovation while easing the tax burden on crypto investors.

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Crypto Boom: Japan Cuts Crypto Gains Tax to 20% While a 9,900% Token Earns Investors’ Attention With Millions Sold in Hours - TheNewsCrypto (Picture 1)

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Article Details

Author / Journalist: Isabella

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-03-12 @ 19:00:00 (1 days ago)

News Timezone: GMT +0:00

News Source URL: thenewscrypto.com

Language: English

Article Length: 609 words

Reading Time: 4 minutes read

Sentences: 39 lines

Sentence Length: 16 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © TheNewsCrypto

News ID: 26937999

View Article Analysis

About TheNewsCrypto

TheNewsCrypto Logo

Main Topics: Crypto

Official Website: thenewscrypto.com

Update Frequency: 20 posts per day

Year Established: 2020

Headquarters: United Arab Emirates

News Last Updated: 16 hours ago

Coverage Areas: United Arab Emirates

Publication Timezone: GMT +0:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #125

Publisher Details

Frequently Asked Questions

How long will it take to read this news story?

The story "Crypto Boom: Japan Cuts Crypto Gains Tax to 20% While a 9,900% Token Earns Investors’ Attention With Millions Sold in Hours" has 609 words across 39 sentences, which will take approximately 3 - 6 minutes for the average person to read.

Which news outlet covered this story?

The story "Crypto Boom: Japan Cuts Crypto Gains Tax to 20% While a 9,900% Token Earns Investors’ Attention With Millions Sold in Hours" was covered 1 days ago by TheNewsCrypto, a news publisher based in United Arab Emirates.

How trustworthy is 'TheNewsCrypto' news outlet?

TheNewsCrypto is news outlet established in 2020 that covers mostly crypto news.

The outlet is headquartered in United Arab Emirates and publishes an average of 20 news stories per day.

It's most recent story was published 16 hours ago.

What do people currently think of this news story?

The sentiment for this story is currently Negative, indicating that people regard this as "bad news".

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  • News ID: #26937999
  • URL: https://chronographically.beamstart.com/news/crypto-boom-japan-cuts-crypto-17418394503258

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