Japan eyes stricter crypto rules targeting insider trading: report
Japan’s financial regulator is reportedly set to redefine crypto under financial law, subjecting it to new compliance requirements.
Japan might be preparing to classify cryptocurrencies as financial products in a move to target insider trading, Nikkei has learned. The country’s financial regulator, the Financial Services Agency, is said to be planning a bill to revise the Financial Instruments and Exchange Act, which could be submitted to parliament as early as 2026.
As of press time, cryptocurrencies like Bitcoin (BTC) are treated as a means of settlement under the Payment Services Act, as they were initially expected to be used mainly for payments. If reclassified, they will likely be placed in a different…
