On March 31, 2026, Japan officially enacted a tax reform law introducing a flat 20% separate taxation on crypto assets — down from the previous maximum of 55%. However, the new rate only applies to 'specified crypto assets' traded through domestic exchanges, excluding overseas platforms and DEXs. Implementation is expected from January 2028. We compare Japan's new approach with crypto tax policies worldwide.
DPP leader Yuichiro Tamaki called for accelerated crypto tax reform at TEAMZ SUMMIT 2026, urging a flat 20% tax by 2027, ETF approval, and 10x leverage. He cited Hyperliquid's $844M revenue as proof of on-chain finance's potential and framed Web3 policy as key to boosting take-home pay for working-age Japanese.
Japan's FY2026 budget of ¥122.3 trillion ($766B) passed on April 7, the largest ever. With defense spending at $56B, social security at $245B, and debt servicing costs exceeding $196B for the first time, can Japan sustain its finances with a 230% debt-to-GDP ratio as interest rates rise? We compare with G7 peers.
Yuri Okina takes the helm of the world's largest pension fund GPIF ($1.7 trillion). Despite Middle East-driven market volatility, she affirms the current 25-25-25-25 portfolio can meet the 1.9% real return target. We compare GPIF's strategy with Norway's GPFG and Canada's CPP.
Japan's Children and Families Agency, launched in 2023 with great fanfare, faces growing calls for abolition just three years in. With a $50 billion annual budget under fire as 'wasteful spending' and births hitting a record low of 671,236 in 2025, we examine why Japan's 'unprecedented' measures against the declining birthrate have failed, and how other countries are tackling the same crisis.
Japan's FSA is raising penalties for unregistered crypto sales from 3 to 10 years imprisonment and fines from ¥3M to ¥10M, while moving crypto under securities law. The bill cleared the lower house in June 2026 and is now before the upper house. With a flat 20% tax rate, insider trading rules, and the SANAE TOKEN affair as backdrop, we compare Japan's approach with the US, EU MiCA, Singapore and Hong Kong.
Japan's Cabinet approved a new 5-year tourism plan expanding overtourism countermeasures from 47 to 100 regions by 2030, tripling the departure tax to ¥3,000 ($19). Learn about specific measures in Kyoto, Mt. Fuji, and Kamakura, plus how to enjoy Japan responsibly.
Japan's FSA issued warnings to several unregistered operators including crypto exchange KuCoin, its second. How Japan's registration system works, how it compares to the US, EU and Singapore, and what the FIEA reform enacted in July 2026 changes.
PM Takaichi declared no further consumption tax increases in parliament. We break down Japan's fiscal strategy, its 10% rate vs Europe's 20%+ VAT, and how markets are responding to the world's highest debt-to-GDP ratio.
Japan's FSA will raise penalties for unregistered crypto sales from 3 years to 10 years imprisonment. Triggered by the SANAE Token scandal and FIEA transition, this crackdown gives regulators raid and seizure powers. Comparison with US SEC and EU MiCA included.
Chinese mobile payment platforms Alipay and WeChat Pay are rapidly expanding across Japan, driven by surging inbound tourism. While convenient for businesses and tourists alike, transactions bypassing Japan's financial system raise serious tax compliance concerns. Finance Minister Katayama calls it a 'grave issue' and vows G7 cooperation.
Japan's FSA has officially decided to shift crypto regulation from the Payment Services Act to the Financial Instruments and Exchange Act. With a flat 20% tax rate replacing the current max 55%, insider trading rules, and ETF approval on the horizon, Japan's crypto market is undergoing a historic transformation. Includes Nomura's market entry, Bybit's exit, and JPX's response.
Japan's departure tax tripled from ¥1,000 to ¥3,000 (about $19) on July 1, 2026, driven by a record 42.68 million visitors. Japanese citizens pay it too. Here's what changed, Kyoto's new five-tier lodging tax, Fuji's ¥4,000 gate, how it compares to Australia and the UK, and where the ¥130 billion is supposed to go.
Kyoto City raised its accommodation tax in March 2026 — the top rate now hits $65 per person per night, a 10x jump. Here's what travelers need to know: the new 5-tier system, who pays it, where the $85 million in revenue goes, and what locals actually think.
Japan's FSA has detailed the shift from up to 55% income tax to a flat 20% rate on crypto gains, plus a new tax-free "Kodomo NISA" investment account for children ages 0-17. We compare Japan's reforms with US capital gains rules, the EU's MiCA framework, and the UK's Junior ISA system.
Japan's PM Takaichi pushes for a cross-party "National Council" to eliminate food consumption tax for two years. We break down the $32 billion revenue impact, risks to fiscal balance, yen depreciation concerns, and how Japan's 10% rate compares to VAT systems in the EU, UK, and Canada.
Japan plans to launch JESTA, its own electronic travel authorization system, by 2028 — while tripling its departure tax to $20 from July 2026. With a combined cost of ~$40 per visitor, how will these changes affect inbound tourism? We break down the details, compare with US ESTA and EU ETIAS, and share reactions from both Japanese citizens and international travelers.
Japan has approved Elevidys, a $2 million gene therapy for Duchenne muscular dystrophy, as the most expensive drug ever covered by its public health insurance. How does Japan's universal healthcare system handle the era of ultra-expensive medicines? We explore the challenges, patient hopes, and public debate.
Accommodation taxes are rapidly expanding across Japan. Starting March 2026, Kyoto will implement a 5-tier flat-rate system with a maximum of ¥10,000 (~$65) per night, doubling tax revenue to ¥12.6 billion. From Tokyo's shift toward percentage-based taxation to international comparisons with Canada and Austria, here's how Japan is funding sustainable tourism through hotel levies.
Japan's National Tax Agency is cracking down on a ¥50 billion real estate tax avoidance scheme used by the wealthy. Following the "tower mansion tax" reforms, new regulations now target rental buildings and real estate investment trusts. Under proposed 2026 tax reforms, investment properties purchased within 5 years of inheritance will be valued at market price. How does your country handle tax avoidance by the wealthy?