About Half Unaware of Cryptocurrency Tax Reform Policy; Awareness Differs by Investment Experience

Jaybe Inc. (Headquarters: Takamatsu City, Kagawa Prefecture, Representative Director: Yoshiyuki Mizusawa), which operates the cryptocurrency (virtual currency) news media "JinaCoin" (https://jinacoin.ne.jp/), conducted an internet survey targeting 351 Japanese residents aged 20 and above regarding the cryptocurrency tax reform policy.

Currently, in Japan, a policy is being considered to shift cryptocurrency transactions from 2028 onwards from a maximum 55% comprehensive taxation to approximately 20% separate self-assessment taxation. While investor interest is growing, the extent to which the specific details of this policy are recognized has not been clear until now.

This survey revealed differences in "tax reform awareness" by generation and investment experience, as well as the actual state of information sources.

**Survey Overview**

**Survey Name:** Survey on Cryptocurrency Tax Reform Policy

**Survey Period:** April 17 (Fri) to April 20 (Mon), 2026

**Survey Method:** Internet survey

**Target Audience:** Japanese residents aged 20 and above

**Valid Responses:** 351 people (202 males, 143 females, 6 others)

**Survey Organizer:** Jaybe Inc. / JinaCoin Editorial Department

**Survey Results Summary**

* When 351 respondents were asked about the tax reform from 2028 onwards (policy to shift to separate taxation), 48.4% of the total responded, "I learned about it for the first time." * While 76.0% of people with investment experience were aware of the reform policy, only 26.2% of people without investment experience were. * Among those in their 20s, "I learned about it for the first time" was the most common response at 57.5%, while among those in their 40s, a combined 58.2% responded, "I know in detail" or "I know somewhat." * No one aged 60 or older responded, "I know in detail." * When 181 people who were aware of the tax reform policy were asked about their information sources, "news websites" were the most common at 64.6%.

**About Half of All Respondents "Learned About Cryptocurrency Tax Reform Policy for the First Time"**

When 351 respondents were asked about the tax reform from 2028 onwards, 48.4% (170 people) responded, "I learned about it for the first time," which was the most common response.

**Awareness Status**

| Status | Number of People | Percentage | | :----------------- | :--------------- | :--------- | | Learned for the first time | 170 | 48.4% | | Know somewhat | 159 | 45.3% | | Know in detail | 22 | 6.3% |

On the other hand, only 6.3% of the total responded, "I know in detail." While a combined 51.6% (181 people) responded, "I know somewhat" or "I know in detail," the majority of them only "know somewhat," indicating that the specific details of the system are not sufficiently understood.

**Approximately 80% of People with Investment Experience Are Aware of the Tax Reform Policy**

Among people with investment experience (currently holding or having held in the past), a combined 76.0% responded, "I know in detail" or "I know somewhat." In contrast, among people without investment experience, "I learned about it for the first time" accounted for 73.8%.

**Awareness Status**

| Status | People with Investment Experience (n=179) | People without Investment Experience (n=172) | | :----------------- | :---------------------------------------- | :------------------------------------------- | | Learned for the first time | 24.0% | 73.8% | | Know somewhat | 64.8% | 25.0% | | Know in detail | 11.2% | 1.2% |

Furthermore, a clear difference in the degree of awareness is observed. Among people with investment experience, 11.2% knew in detail, while among people without investment experience, it was only 1.2%.

**Awareness of Tax Reform Policy Highest Among Those in Their 40s**

By age group, "I learned about it for the first time" was the most common response among those in their 20s (57.5%), while among those in their 40s, a combined 58.2% responded, "I know in detail" or "I know somewhat," indicating the highest proportion of aware individuals across all generations.

**Generation**

| Generation | Learned for the first time | Know somewhat | Know in detail | | :--------- | :------------------------- | :------------ | :------------- | | 20s (n=40) | 57.5% | 37.5% | 5.0% | | 30s (n=111)| 51.4% | 41.4% | 7.2% | | 40s (n=122)| 41.8% | 50.8% | 7.4% | | 50s (n=61) | 45.9% | 49.2% | 4.9% | | 60s and above (n=17) | 64.7% | 35.3% | 0.0% |

However, even among those in their 40s, who had the highest awareness, only 7.4% responded, "I know in detail," and for those aged 60 and above, it was 0.0%, with no該当者 (applicable individuals).

**Top Source of Information for Tax Reform Policy is "News Websites"**

When 181 people who responded "I know in detail" or "I know somewhat" about the tax reform policy were asked where they learned the information (multiple answers allowed), the most common was "news websites" at 64.6% (117 people), followed by "X (formerly Twitter)" at 35.9% (65 people).