Japan’s DPP Advances Strategic Bitcoin Reserve and Tax Cuts
JAN3 CEO Samson Mow met in Tokyo with Yuichiro Tamaki of the Democratic Party for the People (DPP) and Sōhei Kamiya of Sanseitō to discuss establishing a Strategic Bitcoin Reserve for Japan. Both parties have previously proposed parliamentary measures: Kamiya called for sovereign Bitcoin holdings and tax reform, while Tamaki seeks to cap capital gains tax on Bitcoin at 20% and exempt small swaps and payments. Mow also engaged ruling LDP finance chair Satsuki Katayama, signaling cross-party interest in Bitcoin Reserve policy. This push follows the US executive order and forthcoming BITCOIN Act, underscoring growing geopolitical competition in national crypto strategy. With the LDP–Komeito coalition lacking an upper-house majority, the DPP’s 22 seats and Sanseitō’s 15 seats give them leverage to shape near-term Bitcoin Reserve and tax reforms.
Bullish
Discussions at the national level on creating a Strategic Bitcoin Reserve and lowering crypto taxes signal stronger institutional adoption and regulatory backing in Japan. Similar to the U.S. executive order and BITCOIN Act, official support often precedes increased demand and favorable market momentum. Cross-party engagement, including ruling LDP figures, reduces legislative risk and suggests a clearer legal framework ahead. In the short term, these developments can boost trader confidence and price support around key levels. Over the long term, broader sovereign reserves and tax reforms typically attract institutional capital and underpin a sustained bullish trend for Bitcoin.