Japan’s lower house approves bill on crypto assets regulation shift.

Japan’s lower house of parliament has approved a bill that shifts the regulation of crypto assets from the Payment Services Act to the Financial Instruments and Exchange Act. The legislation introduces stricter trading rules for the market, including a ban on insider trading.

Following approval by the upper house, the law is expected to come into effect in 2027. The changes could also pave the way for reducing the tax on income…