Shiba Inu has officially been added to Japan’s Green List of approved crypto assets, placing it in the same regulatory tier as Bitcoin and Ethereum. The decision by Japan’s Financial Services Agency (FSA) strengthens SHIB’s credibility and positions it to benefit from the country’s upcoming crypto tax reforms.
Shiba Inu Earns Spot on Japan’s Green List
The FSA confirmed that Shiba Inu is now one of the digital assets recognized under its Green List program. This upgrade comes at a time when Japan is considering reducing its crypto capital gains tax from 55% to 20%, a shift that would significantly lower the burden on traders.
Under current rules, Japanese investors must declare crypto gains as miscellaneous income. However, the proposed tax adjustment would create a simplified flat-rate system for the 105 approved assets, potentially launching as early as 2026.
Shiba Inu’s inclusion follows a thorough regulatory review. SHIB met the requirements by being listed on at least eight licensed Japanese exchanges—well above the minimum requirement of three. With this approval, SHIB joins Bitcoin, Ethereum, and just 27 other tokens on the list.
Established in 2022, the Green List aims to streamline the listing process for trusted, compliant cryptocurrencies. Being added to the list elevates SHIB’s status among both regulators and institutional investors.
Japan’s FSA has also been modernizing its crypto governance framework. A recent proposal aims to classify certain digital assets similarly to traditional securities, introducing stricter rules against insider trading and improving market transparency.
SHIB Could Benefit From Japan’s 20% Tax Reform
Japan’s potential tax revision is expected to support crypto adoption by reducing financial barriers for traders. The change would align Japan with other global markets, such as Germany, where long-term crypto gains can be tax-exempt.
There is also speculation that U.S. President Trump may introduce tax incentives for crypto firms, signaling a shift in global crypto policy competition.
Japan’s Finance Minister, Katsunobu Kato, indicated that regulators are close to finalizing the tax policy. Meanwhile, the government recently announced a $113 billion stimulus package, including tax reductions for several industries to ease living costs.
A Shiba Inu team member also shared that the project is looking to expand deeper into Asian markets, specifically South Korea and China, as part of its broader growth strategy.
