Japan’s Lower House has advanced a bill that would bring crypto assets under the country’s financial instruments framework. The move would place digital assets closer to the regulatory treatment of stocks and bonds. It could also open the door to potential exchange-traded products linked to crypto, including ETFs.

The legislative shift builds on a wider reform package already under discussion by regulators. The Financial Services Agency has been working on reclassifying crypto assets under securities law. The proposals also include a reduction in capital gains tax from as high as 55 percent to a flat 20 percent, aligning digital assets with equities Equities Equities can be characterized as stocks or shares in a company that investors can buy or sell. When you buy a stock, you are in essence buying an equity, becoming a partial owner of shares in a specific company or fund.However, equities do not pay a fixed interest rate, and as such are not considered guaranteed income. As such, equity markets are often associated with risk.When a company issues bonds, it’s taking loans from buyers. When a company offers shares, on the other hand, it’s selling pa Equities can be characterized as stocks or shares in a company that investors can buy or sell. When you buy a stock, you are in essence buying an equity, becoming a partial owner of shares in a specific company or fund.However, equities do not pay a fixed interest rate, and as such are not considered guaranteed income. As such, equity markets are often associated with risk.When a company issues bonds, it’s taking loans from buyers. When a company offers shares, on the other hand, it’s selling pa Read this Term and bonds in tax treatment.

Crypto Regulation Shift Advances in Japan

The legislation introduces stricter trading rules for crypto assets. According to Bloomberg reporting today (Thursday), the aim is to place digital assets under a securities-style regime. This would extend oversight to areas such as trading conduct and market structure, similar to traditional financial instruments.

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The reform would mark a structural change in Japan’s approach to digital assets. Crypto assets such as Bitcoin Bitcoin While some may still be wondering what is Bitcoin, who created Bitcoin, or how does Bitcoin work, one thing is certain: Bitcoin has changed the world.No one can remain indifferent to this revolutionary, decentralized, digital asset nor to its blockchain technology.In fact, we’ve gone a long way ever since a Florida resident Laszlo Hanyecz made BTC’s first official commercial transaction with a real company by trading 10,000 Bitcoins for 2 pizzas at his local Papa John’s.One could now argue that While some may still be wondering what is Bitcoin, who created Bitcoin, or how does Bitcoin work, one thing is certain: Bitcoin has changed the world.No one can remain indifferent to this revolutionary, decentralized, digital asset nor to its blockchain technology.In fact, we’ve gone a long way ever since a Florida resident Laszlo Hanyecz made BTC’s first official commercial transaction with a real company by trading 10,000 Bitcoins for 2 pizzas at his local Papa John’s.One could now argue that Read this Term and Ether would fall under securities-style regulatory treatment rather than remaining outside the core financial instruments framework.

The legislative process is still ongoing. The bill is expected to move to the Upper House for further review. If approved, it is expected to take effect next year.

BIG: Japan advances a new bill that would bring digital assets under securities-style regulations and slash the maximum crypto tax rate from 55% to 20%. pic.twitter.com/pFOJ28wfyr

— The Crypto Times (@CryptoTimes_io) June 11, 2026

Japan May Cut Crypto Tax

The tax changes would reduce capital gains on crypto assets, bringing crypto taxation in line with equities and bonds. The reform is expected to take effect in 2028, according to the reported timeline.

The combined regulatory and tax measures would mark a broader shift in Japan’s treatment of digital assets. The framework would move the sector closer to traditional capital markets while final approval in the Upper House is still pending.