Japan’s crypto paralysis is cultural; tax cuts won’t fix it

The following article is a guest post and opinion of Maksym Sakharov, Co-founder and CEO of WeFi. Last month, Japan’s Financial Services Agency proposed a wholesale reclassification of cryptocurrencies that would introduce a flat 20% tax on digital asset income and help introduce crypto exchange-traded funds. For a long time, the country’s progressive tax system The post Japan’s crypto paralysis is cultural; tax cuts won’t fix it appeared first on CryptoSlate.