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Japan advances bill to legalize Bitcoin ETFs, cut crypto taxes

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2 outlets - including Coinedition and Cryptobriefing - are covering this story. Japan’s Upper House committee has approved the bill reclassifying cryptocurrency as a financial instrument. It implies that the world’s fourth-largest economy has categorized crypto in the same way as stocks and bonds. Bill Set for “Formali…

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Japan’s Lawmakers Advance Bill to Legalize Bitcoin ETFs, Cut Crypto Taxes
CoinEdition Jul 15, 16:00 UTC

Japan’s Lawmakers Advance Bill to Legalize Bitcoin ETFs, Cut Crypto Taxes

Japan’s Upper House committee has approved the bill reclassifying cryptocurrency as a financial instrument. It implies that the world’s fourth-largest economy has categorized crypto in the same way as stocks and bonds. Bill Set for “Formali…

Japan advances bill to legalize Bitcoin ETFs, cut crypto taxes
Crypto Briefing Jul 15, 06:19 UTC

Japan advances bill to legalize Bitcoin ETFs, cut crypto taxes

Japan's crypto regulatory shift may boost institutional investment, enhancing Bitcoin's legitimacy and potentially influencing global markets.