Crypto News: Japanese Crypto Lobbyists Call on Authorities to Relax Crypto Taxation

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Cryptocurrency lobbying groups in Japan intend to lobby the Financial Services Agency (FSA) to relax crypto taxation on Japan’s domestic digital asset market. In addition, Japan’s most potent crypto lobbying organizations claim that high tax rates stifle business growth. It advocates for lower taxation to keep talent in the country. As a result, professionals in the field are more likely to stay in their home country rather than seeking their fortune in a country with laxer tax laws ...

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