Based on 36 Crypto, Shiba Inu (SHIB) has been added to Japan’s Green List, a move that could significantly reduce its tax burden. The Japanese Financial Services Agency is considering a proposal to lower the tax rate on crypto gains from 55% to 20% for 105 approved cryptocurrencies, including SHIB. This change, expected to take effect in April 2026, would place SHIB alongside major cryptocurrencies like Bitcoin and Ethereum, enhancing its regulatory credibility and potentially boosting its appeal in Japan’s crypto market.
Shiba Inu Joins Japan's Green List, Could Benefit from 20% Tax Cut
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