Japan’s Risk-Averse Culture Hinders Crypto Innovation
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Japan’s Risk-Averse Culture Hinders Crypto Innovation

July 26, 2025
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Japan’s stagnating crypto sector is being held back not by high taxes but by an overly cautious and bureaucratic regulatory culture, says WeFi CEO Maksym Sakharov. In a conversation with Cointelegraph, Sakharov highlighted that despite growing calls to reform the country’s 55% progressive crypto tax, it’s the Financial Services Agency

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