Japan passes the crypto law traders wanted but its 20% tax could still wait until 2028

Japan’s House of Councilors approved Cabinet Bill 57 by majority vote on July 15, completing Diet passage of legislation that will move regulated crypto activity into the Financial Instruments and Exchange Act. The legal framework is now in place, but traders may still wait until 2027 or 2028 for the new market rules and 20% tax rate to take effect. The official upper-house record says the core crypto provisions take…