Japan reclassifies XRP, Bitcoin, Ethereum as financial products, lowers crypto tax to 20%

🚨 Japan lowers crypto tax on $XRP and Bitcoin profits to 20% flat rate.
🪙 Investors can now classify digital assets as financial products, not just payment instruments.
📈 The new rules include a three-year loss carry-forward and may pave the way for crypto ETFs.
🇯🇵 Up to now, Japanese investors faced crypto tax rates as high as 55%.

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