BTC $68,479.00 (+1.29%)
ETH $1,989.41 (+1.14%)
XRP $1.44 (+1.15%)
BNB $627.86 (+0.68%)
SOL $86.24 (+2.13%)
TRX $0.29 (+0.73%)
DOGE $0.10 (-1.74%)
BCH $563.29 (+0.15%)
ADA $0.28 (-0.73%)
LEO $8.34 (-3.99%)
HYPE $29.95 (+0.91%)
LINK $8.96 (+1.17%)
XMR $330.25 (-0.77%)
CC $0.16 (-1.43%)
XLM $0.16 (-0.43%)
RAIN $0.01 (-0.99%)
HBAR $0.10 (+0.29%)
ZEC $259.74 (+0.75%)
LTC $55.40 (+0.50%)
AVAX $9.28 (+1.52%)

Japan vs Laos

Crypto regulation comparison

← Back to map | Japan | Laos
Japan

Japan

Laos

Laos

Legal
Legal

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.

Laos authorized cryptocurrency mining and trading through a 2021 pilot program (PM Notification No. 1158). Six companies were initially licensed, growing to 15+ by 2023. Mining operations must be 100% Lao-owned and use at least 10MW from Électricité du Laos. Two crypto exchanges (LDX, Bitqik) registered with Bank of Lao PDR.

Tax Type Income
Tax Type Unclear
Tax Rate 15-55%
Tax Rate 15% on transaction fees
Exchanges Yes Yes
Exchanges Yes Yes
Mining Yes Yes
Mining Yes Yes
Regulator FSA (Financial Services Agency), JVCEA
Regulator Ministry of Technology and Communications, Bank of the Lao PDR
Stablecoin Rules 2022 stablecoin law requires issuers to be licensed banks, trust companies, or fund transfer agents
Stablecoin Rules No specific stablecoin regulation; pilot covers BTC, ETH, LTC
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
Key Points
  • PM Notification No. 1158 (2021) authorized pilot crypto mining and trading
  • Two licensed exchanges: LDX and Bitqik, registered with Bank of Lao PDR
  • Mining leverages surplus hydroelectric power from Électricité du Laos
  • Mining must be 100% Lao-owned; trading platforms require 51% Lao ownership
  • 15% tax on transaction fees; M security deposit required for exchanges
Sources
Sources