Japan’s FSA introduces new framework that divides crypto into two categories
Japan’s FSA has released a discussion paper on crypto regulations that seeks to categorize digital assets into two distinct categories.
According to a recent report by Coinpost, the country’s Financial Services Agency has asked for public feedback regarding a discussion paper titled “Verification of the state of the system related to crypto assets.” The financial watchdog will be collecting opinions on the new cryptocurrency framework introduced through the discussion paper until May 10, 2025.
The paper presents a dual-approach to regulating crypto, by dividing crypto assets into two different categories based on how funds are distributed. The first category is called Type 1, which encompasses crypto assets…
