Japan is brewing a significant change in its monetary policy regarding Crypto Assets, which will bring new vitality to its digital asset market. The most notable adjustment is in the tax policy, as the Japanese government plans to eliminate the previous progressive tax rate of up to 55% in favor of a flat rate of 20%. This move not only drops the tax burden on investors but also allows investors to carry forward losses for up to 3 years, greatly enhancing the market's appeal.

In addition to optimizing tax policies, Japan is also paving the way for the development of Crypto Assets ETFs. This move will provide more convenience for institutional investors to enter the crypto market and is expected to attract more capital inflow. At the same time, the government is repositioning the role of Crypto Assets, leaning towards viewing them as "financial products" rather than "means of payment". This change in positioning may lead to corresponding adjustments in the regulatory framework.

More noteworthy is that the Japanese government is considering approving the domestic stablecoin JPYC. It is reported that there are plans to issue approximately 1 trillion yen (about 67.8 billion USD) of JPYC within the next three years. This initiative aims to encourage broader Crypto Assets usage and could inject new vitality into Japan's fintech ecosystem.

These policy adjustments reflect the Japanese government's recognition of the potential of the Crypto Assets market and demonstrate its determination to maintain a leading position in the global digital asset competition. With the gradual implementation of these measures, the Japanese Crypto Assets market is expected to usher in a new wave of growth and innovation, providing new references for global Crypto Assets regulation and development.