Beginning January 1, 2026, Japan will implement the OECD’s Crypto Asset Reporting Framework, necessitating local crypto exchanges to record user tax residency. This regulation seeks to improve global tax oversight and mitigate tax avoidance in the crypto market.
Responses to the reform have varied; while many support stricter compliance measures, there are concerns about its implementation complexities. Notably, direct comments from industry leaders concerning these changes have been scarce.
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