At the 2024 International Web3 Conference WebX, the Japan Crypto Business Association (JCBA) proposed significant tax reforms for crypto assets. Among the key suggestions was changing the personal crypto asset income tax from miscellaneous income, which can reach up to 55%, to a uniform 20% separate taxation. Experts at the conference emphasized the need for environmental adjustments considering the unique nature of crypto assets and urged public involvement in tax reform discussions. The meeting also explored the potential of categorizing crypto assets as transfer income, aiming to encourage investment and innovation through favorable tax policies.