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Jordan vs Japan

Crypto regulation comparison

← Back to map | Jordan | Japan
Jordan

Jordan

Japan

Japan

Restricted
Legal

Jordan restricts cryptocurrency use. The Central Bank of Jordan has issued multiple warnings against crypto use and prohibits banks and financial institutions from dealing in it. The JSC does not recognize crypto as a financial instrument. However, private ownership is not explicitly criminalized.

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 Unclear
Tax Type Income
Tax Rate N/A
Tax Rate 15-55%
Exchanges No No
Exchanges Yes Yes
Mining Yes Yes
Mining Yes Yes
Regulator CBJ (Central Bank of Jordan), JSC (Jordan Securities Commission)
Regulator FSA (Financial Services Agency), JVCEA
Stablecoin Rules Not specifically regulated; CBJ does not endorse any crypto
Stablecoin Rules 2022 stablecoin law requires issuers to be licensed banks, trust companies, or fund transfer agents
Key Points
  • CBJ prohibits banks and payment companies from dealing in cryptocurrency
  • JSC does not recognize or regulate crypto as a security or financial instrument
  • Multiple government warnings issued advising against crypto investment
  • Private ownership of crypto is not explicitly criminalized
  • Jordan has explored blockchain for government services but remains cautious on crypto trading
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