Sanae Takaichi secured Japan’s largest post-war electoral victory on February 8, 2026, strengthening her mandate to pursue aggressive economic and regulatory reforms with implications for crypto markets.
Her Liberal Democratic Party is projected to win between 274 and 326 of 465 seats, consolidating power and raising expectations of fiscal stimulus and looser monetary policy.
Markets reacted immediately, with BTC/JPY jumping nearly 5% as investors priced in a pro-growth agenda and greater liquidity under what traders dubbed the “Takaichi trade.”
The landslide has renewed focus on potential crypto tax reforms, including cutting capital gains rates from as high as 55%, allowing loss carryforwards and reclassifying some digital assets as financial products.
“Takaichi has pledged aggressive fiscal policy funded largely through bond issuance…will her electoral momentum fuel even larger stimulus, or give her the political cover to proceed more cautiously,”
Analyst Rob Wallace said.
Supporters argue her stance, modelled on Shinzo Abe’s Abenomics, could create a favourable environment for risk assets such as bitcoin and blockchain-related projects.