SBI
SBI Group intends to launch Bitcoin and Ethereum ETFs in Japan following expected regulatory changes. The initiative targets the country's vast household savings pool through familiar brokerage and tax-advantaged channels.
Reported by AI
A leading Japanese financial executive has criticized the slow progress on cryptocurrency tax reforms, warning of a possible one-year delay. Traders, currently facing up to 55% taxes on profits, had anticipated changes starting in January 2027. The delay could hinder Japan's web3 development compared to global peers.