Shiba Inu (SHIB) Added to Japan's Green List, Regulatory Milestone Achieved

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As per Bijié Wǎng, Shiba Inu (SHIB) has achieved a major regulatory milestone in Japan by being added to the country's Green List, a certification managed by the Japan Virtual and Crypto Asset Exchange Association (JVCEA). SHIB is now one of 30 pre-approved digital assets, joining tokens like Bitcoin and Ethereum. The certification confirms SHIB's compliance with Japan's strict regulatory standards, allowing it to be traded on regulated exchanges without lengthy approval processes. SHIB is currently listed on BitTrade, SBI VC Trade, Okcoin, and CoinCheck, with more platforms expected to follow. The move is seen as a key step in building trust and expanding SHIB's presence in Japan's regulated crypto market. Additionally, proposed tax reforms could further benefit SHIB, as the Financial Services Agency (FSA) plans to apply a 20% flat tax rate to Green List assets, compared to the current 55% for other crypto gains. These developments are expected to boost SHIB's liquidity, adoption, and investor confidence in Japan.

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