[Japan Plans to Lower Tax Rate on Specific Crypto Assets to 20%] Japan has released its 2026 tax reform blueprint, proposing to lower the tax rate on specific crypto assets to a unified 20%. Currently, the tax rate on crypto asset gains can reach as high as 55%, which has been suppressing domestic trading activities. The new tax reform will align cryptocurrency profits with the same tax rate framework as stocks and investment trusts, but it will only apply to specific crypto assets handled by businesses registered with financial instruments business operators. Major cryptocurrencies like Bitcoin and Ethereum may qualify, though specific business requirements have yet to be clarified.