a.i & blockchain

prime minister kishida of japan is reportedly open to the idea of changing the way crypto taxes work

Japan’s prime minister fumio kishida has said he is open to reviewing the country’s controversial crypto ax policy in an effort to spur web3-related growth. it has been suggested that Japanese crypto-related businesses and talent have been driven to relocate because of unduly harsh tax rules. when coins are exchanged for fiat currency, tamaki argues, the government should only tax businesses and individuals when actual [fictitious] earnings are generated.

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