Senate Finance Committee Makes Bipartisan Progress on Crypto Tax Reform

Lawmakers Set Closed-Door Session on Crypto Tax Reform, PARITY Act on Table

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While Japan's fiscal stance could shift toward higher defense spending (potentially pressuring the yen and global bond yields), the current protests are a domestic political development with limited immediate spillover to risk assets. Crypto markets remain driven by macro liquidity and regulatory news, not Japanese constitutional debates.

Japan experiences largest anti-war protests in decades as PM pushes for stronger defence, highlighting population division over changes to pacifist constitution.