Japan’s lower house has passed a bill treating crypto like stocks, cutting capital gains tax to 20% and opening the door to crypto ETFs.

Japan’s lower house has passed a bill treating crypto like stocks, cutting capital gains tax to 20% and opening the door to crypto ETFs.

The new rules, which are expected to come into effect in 2027, aim to foster innovation and crypto market growth to meet internal and external demand for digital asset services.

The legislation is expected to take effect next year if approved by the upper house, the House of Councillors.