According to Cointelegraph, the Japanese government has announced plans to advance a new economic stimulus program, expected to be approved by the end of 2024. The proposed tax reform measures include changes to income tax, corporate tax, and cryptocurrency tax. Currently, Japan's policies regarding cryptocurrency taxation rely on a vague and variable "miscellaneous tax," which can impose taxes of up to 55% on transactions. Opposition parties are calling for a uniform tax rate of 20% on digital assets.