According to Cryptonews, citing Nikkei, Japan recently released its 2026 tax reform blueprint, proposing a significant reduction in the cryptocurrency tax rate to a uniform 20%. Currently, gains from crypto assets in Japan are subject to a maximum tax rate of 55%, a high rate that has dampened domestic trading activity. The report states that the new tax reform will include cryptocurrency profits within the same 20% uniform tax rate framework as stocks and investment trusts, but only for "specific crypto assets" handled by companies registered with the Financial Instruments Business Operators Registry. Major cryptocurrencies such as Bitcoin and Ethereum may qualify, but specific business requirements are still unclear.