Japan Minister Katsunobu Kato has acknowledged that cryptocurrencies are worthy of a place in various investment portfolios.
According to a Monday Bloomberg Japan ReportKato recognized the role of cryptocurrencies in a variety of investment portfolio during a speech. He talks to the public from stage during his keynote at the Web3 Conference WebX 2025 in Tokyo.
“While crypto assets are taking the risk of high volatility, by establishing a proper investment environment, they can be an option for a variety of investment,” Kato said.
Japan The financial minister added that, considering the growing base of the user, he plans to focus on creating a harmonious trading environment for cryptocurrencies.
Related: Bitcoin Treasury Firm Metaplanet Graduates to FTSE Japan and All-World Index
Japan adds the kindness of crypto
The news followed the Japanese financial service agency (FSA) to request that the government change taxation of cryptocurrenciessuggests a flat tax rate. Crypto acquisitions are currently classified as different revenue in Japan, leading to a tax rate between 15% and 56% depending on the individual’s bracket.
FSA has asked to reclassify crypto for separate taxation, similar to stocks, leading to gains Binub tax at a flat rate of about 20.315%. The move came as cryptocurrency further confirmed its place in the local economy.
Related: Japan’s Crypto Tax Overhaul: What should investors know in 2025
Japan will bet in crypto
According to reports on Monday, the local bitcoin (Btc) Treasury Company Metaplanet has been Upgraded from a small cap to a mid-cap stock In index provider FTSE Russell’s September 2025 semi-annual review. This leads to the stock of the company listed for integration with the flagship of the FTSE Japan Index.
The news came as Japanese financial giants were set to adopt blockchain technology. Recently, the Japanese Finance Conglomerate SBI Group Collaborated with Blockchain Oracle Platform Chainlink (Link) to create crypto tools for Asian financial institutions.
Also this month, SBI has signed new Blockchain partnerships with USD Coin (USDC) Issuer Circle, XRP Developer Ripple and the Web3 Company Startale. Recent reports also indicate that FSA is preparing Approve the release of Japanese Yen-Denominated Stablecoins It’s as early as this fall.
Magazine: Stablecoins in Japan and China, India Mulls Crypto Tax Change: Asia Express
