Welcoming the New Cabinet: Can Japan Balance Tax Cuts and Yen Defense?

Sanae Takaichi was selected as Japan’s 104th Prime Minister yesterday, and her new cabinet has been inaugurated.

The appointments of key ministers, including Satsuki Katayama (Finance) and Hisashi Matsumoto (Digital), alongside the new coalition with Nippon Ishin no Kai, will significantly impact the trajectory of the “Tax Reform 2026” sought by the crypto industry.

The international crypto community is already expressing optimism regarding Japan’s pace of financial reform. The Bitunix exchange, reflecting this sentiment, commented on the new administration.

“Japan’s FSA gives the green light for banks to hold BTC. Sanae Takaichi’s new administration sets the stage for massive financial reform. Could this be Asia’s next crypto boom?”

Japan’s FSA gives the green light for banks to hold $BTC