Key Takeaways Sota Watanabe urged Japan to cut the 55% tax rate on DeFi yields to keep local liquidity from moving offshore. The JBA seeks to build on Japan’s 20% spot crypto tax by extending separate taxation to staking and on-chain yields. Startale aims to unify competing yen stablecoins on Soneium to power 2026 enterprise Web3 execution. Beyond Speculation: Staking as Infrastructure For years, Japan’s Web3 ecosystem has balanced world-class institutional support against a tough domestic tax climate. Although the government has promoted the country as a global hub for digital-asset innovation—backed by major corporations exploring blockchain infrastructure and IP …