Zhao Changpeng comments on Japan's tax rate reform plan: The direction is correct, but the 20% tax rate still lacks competitiveness

Regarding "Japan plans to reduce the cryptocurrency tax rate from 55% to 20%", Binance founder Zhao Changpeng commented: "This is a significant step forward for Japan. Lowering 'fees' = promoting economic growth." In addition, when asked "Can a 20% tax rate really make Japan competitive again?", Zhao Changpeng stated: "A 20% tax rate is still high, but the direction is correct. Many countries do not impose capital gains tax."