BTC $67,455.00 (+1.41%)
ETH $1,945.18 (-0.40%)
XRP $1.40 (-0.18%)
BNB $608.78 (+0.60%)
SOL $83.58 (+3.33%)
TRX $0.28 (+1.73%)
DOGE $0.10 (+0.76%)
BCH $551.92 (+0.98%)
ADA $0.28 (+1.66%)
LEO $8.71 (+0.59%)
HYPE $29.27 (+3.59%)
LINK $8.61 (+0.34%)
XMR $329.93 (-1.27%)
CC $0.16 (-1.77%)
XLM $0.16 (+1.11%)
RAIN $0.01 (+0.06%)
ZEC $257.29 (-0.60%)
HBAR $0.10 (+1.64%)
LTC $53.55 (+2.10%)
AVAX $9.09 (+3.29%)

Belarus vs Japan

Crypto regulation comparison

← Back to map | Belarus | Japan
Belarus

Belarus

Japan

Japan

Legal
Legal

Belarus legalized cryptocurrency through Decree No. 8 (2017), creating a favorable environment in the Hi-Tech Park special economic zone. As of 2025, crypto transactions via HTP residents remain tax-exempt, while transactions on foreign platforms are taxed at 13%. A crypto bank framework was introduced in 2026.

Japan is one of the world's most comprehensively regulated crypto markets. The Payment Services Act and Financial Instruments and Exchange Act govern crypto exchanges and tokens. Japan classifies crypto as "crypto-assets" and taxes gains as miscellaneous income at rates up to 55%, though reforms to lower this rate are under active discussion.

Tax Type Varies
Tax Type Income
Tax Rate 0% (HTP) / 13% (foreign platforms)
Tax Rate 15-55%
Exchanges Yes Yes
Exchanges Yes Yes
Mining Yes Yes
Mining Yes Yes
Regulator Hi-Tech Park (HTP), National Bank of the Republic of Belarus
Regulator FSA (Financial Services Agency), JVCEA
Stablecoin Rules No specific stablecoin regulation
Stablecoin Rules 2022 stablecoin law requires issuers to be licensed banks, trust companies, or fund transfer agents
Key Points
  • Decree No. 8 'On the Development of the Digital Economy' legalized crypto in 2017
  • Income from crypto via HTP residents and mining remains tax-exempt; 13% tax on foreign platform transactions since 2025
  • Crypto exchanges and businesses must operate through Hi-Tech Park residency
  • Mining is legal and considered a business activity
  • HTP preferential regime extended until 2049; crypto bank framework introduced in 2026
Key Points
  • Crypto exchanges must register with the FSA under the Payment Services Act
  • Crypto gains taxed as miscellaneous income at up to 55% (national + local tax)
  • Japan's self-regulatory body JVCEA sets industry standards for exchanges
  • 2022 stablecoin legislation (revised Payment Services Act) regulates stablecoin issuance
  • Government considering tax reform to apply a flat 20% separate taxation on crypto gains
Sources
Sources