Japan Exchange Group Considers Stricter Rules for Crypto Treasury Firms
TLDR
- Japan Exchange Group is considering stricter rules for companies with large cryptocurrency holdings to ensure investor protection.
- The Tokyo Stock Exchange operator may impose new audits and review backdoor listing rules for firms shifting focus to crypto.
- Three companies have paused their plans to acquire cryptocurrencies following pushback from JPX over potential fundraising restrictions.
- Firms with significant crypto holdings, like Strategy Inc. and Metaplanet, have seen their stock values plummet after earlier gains.
- JPX is closely monitoring digital-asset treasury companies to address rising governance and risk concerns.
The Japan Exchange Group (JPX) is evaluating tighter measures for listed digital-asset…
