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![Cointelegraph Avatar](https://lunarcrush.com/gi/w:24/cr:twitter::2207129125.png) Cointelegraph [@Cointelegraph](/creator/twitter/Cointelegraph) on x 2.8M followers
Created: 2025-06-24 09:49:53 UTC

🇯🇵 TODAY: Japan’s Financial Services Agency has proposed classifying crypto under the Financial Instruments and Exchange Act.

A major shift that could legalize Bitcoin ETFs and replace the current XX% progressive tax with a flat XX% on crypto gains.

![](https://pbs.twimg.com/media/GuMyuYqWIAAs_oG.jpg)

XXXXXXX engagements

![Engagements Line Chart](https://lunarcrush.com/gi/w:600/p:tweet::1937448080619585767/c:line.svg)

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[Post Link](https://x.com/Cointelegraph/status/1937448080619585767)