Japan plans to review its crypto regulations, opening up the possibility of lowering taxes on crypto assets

BlockBeats news, September 30, according to Bloomberg, Japan is about to begin reviewing the country's cryptocurrency rules, providing the possibility of reducing digital asset taxes and possibly paving the way for the launch of domestic funds investing in cryptocurrencies. An official from the Japanese Financial Services Agency said that the agency will evaluate whether the current approach to regulating cryptocurrencies under the Payment Law is sufficient in the coming months.