Shiba Inu has achieved a major regulatory milestone in Japan, gaining inclusion on the country’s Green List of pre-approved digital assets. The recognition, managed by the Japan Virtual and Crypto Assets Exchange Association (JVCEA), places SHIB among a select group of 30 vetted tokens, including Bitcoin and Ethereum.
This move is a signal of growing legitimacy and compliance for Shiba Inu in one of the world’s strictest crypto jurisdictions. The listing is expected to boost adoption, access, and trading activity within Japan’s regulated crypto ecosystem.
Green List Inclusion Signals Compliance and Trust
Shiba Inu marketing lead Luci explained on X the significance of the token’s latest recognition. According to Luci, inclusion on the Green List confirms that SHIB meets Japan’s official compliance standards and can be widely handled within the regulated market.
She noted that Japanese exchanges will no longer face lengthy approval processes before offering SHIB for trading. Currently, SHIB is listed on BitTrade, SBI VC Trade, Okcoin, and CoinCheck. Luci expects additional platforms to list the token soon, potentially increasing liquidity and trading volume.
The Green List serves as an indicator of reliability, Luci added, emphasizing that Japan does not approve tokens lightly. She highlighted that SHIB’s recognition demonstrates trust and compliance under one of the most stringent regulatory systems globally. This validation is seen as a key step for Shiba Inu in building credibility and attracting new users in Japan’s crypto market.
Potential Tax Advantages Could Drive Growth
Luci also highlighted potential benefits from Japan’s ongoing crypto tax reform, which could provide a further boost to SHIB. Currently, crypto profits are treated as miscellaneous income, with high earners taxed up to 55%.
The Financial Services Agency (FSA) has proposed a flat 20% tax rate for crypto assets on the Green List. Shiba Inu’s official X account noted that such a tax change could become a significant catalyst for growth in the Japanese market.
The combination of regulatory approval and favorable tax treatment positions SHIB for expanded adoption. With increased exchange listings and potential tax advantages, Japan could become a key market for Shiba Inu. Luci emphasized that these developments enhance confidence in SHIB as a compliant and reliable token for investors and traders in the country.
Source: https://coinpaper.com/12466/shiba-inu-secures-regulatory-milestone-in-japan-with-green-list-inclusion
