BTC $68,003.00 (+0.88%)
ETH $1,975.34 (+1.52%)
XRP $1.44 (+2.62%)
BNB $629.74 (+3.41%)
SOL $85.37 (+2.14%)
TRX $0.29 (+0.41%)
DOGE $0.10 (+1.51%)
BCH $567.38 (+2.56%)
ADA $0.28 (+2.22%)
LEO $8.64 (-0.65%)
HYPE $30.13 (+2.47%)
LINK $8.94 (+3.71%)
XMR $327.25 (-1.15%)
CC $0.16 (+1.47%)
XLM $0.16 (+1.21%)
RAIN $0.01 (-1.34%)
ZEC $261.96 (+1.98%)
HBAR $0.10 (+1.79%)
LTC $55.05 (+2.78%)
AVAX $9.27 (+1.78%)

Japan vs Uzbekistan

Crypto regulation comparison

← Back to map | Japan | Uzbekistan
Japan

Japan

Uzbekistan

Uzbekistan

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.

Uzbekistan has actively regulated crypto since 2018, when it established the NAPM (initially NAPCI) to oversee virtual assets. Licensed crypto exchanges operate in a regulatory sandbox. Individual crypto trading profits are exempt from tax. Uzbekistan has also established a state-backed mining pool and licensing regime for miners, leveraging its energy resources.

Tax Type Income
Tax Type None
Tax Rate 15-55%
Tax Rate 0%
Exchanges Yes Yes
Exchanges Yes Yes
Mining Yes Yes
Mining Yes Yes
Regulator FSA (Financial Services Agency), JVCEA
Regulator NAPM (National Agency for Prospective Projects)
Stablecoin Rules 2022 stablecoin law requires issuers to be licensed banks, trust companies, or fund transfer agents
Stablecoin Rules Regulated under NAPM virtual asset framework
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
  • NAPM oversees virtual asset regulation and licensing
  • Licensed exchanges operate under regulatory framework since 2018
  • Individual crypto trading exempt from income tax
  • State-backed mining pool and licensing for crypto miners
  • Only licensed platforms can offer crypto services; unlicensed platforms blocked
Sources
Sources