Sanae Takaichi, Japan's crypto-friendly Prime Minister and leader of the ruling Liberal Democrat Party, won a landslide victory securing a supermajority in the lower house. This victory paves the way for major crypto reforms, including cutting taxes on crypto gains from 55% to 20%, allowing loss carryforwards, reclassifying cryptocurrencies as financial products, and introducing crypto ETFs by 2028. The announcement sparked a 6% surge in Japan’s stock market and a nearly 5% rise in BTC/JPY, highlighting renewed investor confidence in Japan's crypto future.

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