Shiba Inu (SHIB) has been officially included on Japan’s respected “Green List,” which is a huge milestone on its journey to mainstream acceptance as a mem-based coin. This news emerged on the social media platform X via a post by the Shiba Inu team.
As SHIB is added to the Green List, it is treated on an equal footing with popular cryptos like Bitcoin (BTC) and Ethereum (ETH) by regulatory bodies. This categorization indicates that this token has complied with rigorous norms related to safety, transparency, and sustainability on the Japanese market.
The Green List is managed by Japan Virtual and Crypto Assets Exchange Association (JVCEA), which is a self-regulatory body governed by Japan’s Financial Services Agency (FSA). The inclusion of Shiba Inu on the Green List was confirmed on November 12, 2025. The impact of being on this list is that it offers a sort of “fast track” into a Japanese exchange to enhance SHIB’s credibility and availability.
As of now, no more than 30 cryptocurrencies have been able to make it to the Green List, which includes names such as Bitcoin, Ether, XRP, Polygon (POL), Litecoin (LTC), and Hedera (HBAR). Notably, Shiba Inu is the first one to find a place on this list, thus making this simple joke token a reputable one on Japanese markets.
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Besides official recognition, being on the Green List, SHIB can offer tax benefits to its investors in Japan. At this juncture, cryptocurrencies’ profits are taxed like miscellaneous income, much like winnings from gaming. The tax rate is up to 55%, which is among the highest rates worldwide, deterring some people from significantly investing in cryptocurrencies.
The Financial Services Agency is proposing a big cutback on taxes, which will slash tax rates from 55% to 20% on eligible cryptocurrencies such as those on the Green List. This change will make these assets more similar to other financial products, which could lead to more SHIB being bought by Japanese investors.
This could trigger more purchase transactions to occur on the market, both on retail and institutional levels. However, it could have a positive effect on the token value. For Shiba Inu, this is just one more step toward acceptance and acceptance into one of the main markets of the world.
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