TOKYO -- Companies in Japan would no longer have to pay tax on unrealized cryptocurrency gains if they hold on to the digital assets under a proposal being discussed by the country's ruling coalition.
Move aims to stem flow of startups choosing Singapore, Dubai over Tokyo
Japan's taxation of cryptocurrency holdings is unusual compared to other countries. © Reuters
TOKYO -- Companies in Japan would no longer have to pay tax on unrealized cryptocurrency gains if they hold on to the digital assets under a proposal being discussed by the country's ruling coalition.