Sanae Takaichi Elected Japan’s Prime Minister: What Are Her Views on Crypto?
Summary
Sanae Takaichi has been elected as Japan's 104th and first female Prime Minister, securing the position after the Liberal Democratic Party (LDP) formed a coalition. Takaichi, a conservative ally of the late Shinzo Abe, is seen as signaling policy continuity mixed with reform. While not overtly vocal on cryptocurrency, her consistent advocacy for technological sovereignty, blockchain, and Web3 suggests a cautiously favorable stance. Analysts anticipate her government will provide regulatory clarity regarding custody, tokenized assets, and investor protection under the FIEA, continuing Japan's recent pro-tech regulatory shifts. Although she views crypto as speculative, her recognition of its innovation potential leads some to label her "pro-technology and pro-crypto." Furthermore, her tax-cutting orientation could accelerate adoption; there is potential for renewed debate to align crypto gains tax (currently up to 55% as miscellaneous income) with equity taxes (20%), which could boost liquidity for assets like Bitcoin and Ethereum.
(Source:CCN)