Japan's decision to implement a uniform 20% tax rate on cryptocurrency profits has sparked a significant market rally. The reform, set to take effect in 2026, replaces the previous 55% miscellaneous income tax, potentially enhancing liquidity and investment in the crypto sector.
Following the announcement, DeepSnitch AI's presale exceeded $650,000, with the platform poised to launch in January 2026. DeepSnitch AI leverages artificial intelligence to monitor whale activity and detect fraudulent transactions. Additionally, Monad's token price reached $0.028 after its mainnet launch, supported by backing from Paradigm and Coinbase Ventures. Avici experienced a remarkable 1,700% price increase in November, driven by speculation of a partnership with MoonPay.
Japan's Crypto Tax Reform Fuels Market Surge
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