Japan Blockchain Association calls for crypto tax amendments to drive web3 growth and encourage digital asset adoption to boost the blockchain industry
The Japan Blockchain Association (JBA) is urging the government to reform taxation rules for crypto assets and transactions to boost the growth of the web3 economy in Japan. Led by Yuzo Kano, CEO of Bitflyer, the JBA argues that the current tax regulations hinder the development of the digital asset industry in the country and discourage people from using crypto.