According to the Yahoo Finance, the Tax Commission fo Japan have held a conference in Oct.17th to discuss the fiscal system for cryptocurrency and to simplify the imposition of the cryptocurrency tax in Japan.
Imposing cryptocurrency tax is under wide discussion in many countries. In USA, profits from cryptocurrency trading is taxed as capital revenue; In South Korea, the crypto tax will be imposed in 2019.
Does the impostion of crypto tax means that the cryptocurrency is being more and more regulated? Is the regulation good for the growth of the market? Can regulation and financial watchdogs protect investors? Is it true that the crypto tax will make it harder for individual investors to profit in cryptocurrency market? What do you think of crypto tax?