Japan Plans Shift Bringing Crypto Under Stricter Securities Rules –
Japan’s financial authorities are moving to bring cryptocurrencies under a stricter regulatory framework. This signals a major shift in how the country will treat digital assets going forward.
The Financial Services Agency outlined plans to transition crypto oversight from the Payment Services Act, which governs payment providers, to the Financial Instruments and Exchange Act, the primary law regulating securities and investment markets.
Treating Crypto as Financial Products
The proposed change comes as crypto increasingly serves as an investment vehicle for both domestic and international investors. The FSA’s report emphasized that proper regulation is needed to protect users by treating crypto…
