CoinMarketCap reports:

Japan is advancing a regulatory reform for crypto assets, primarily shifting the oversight of crypto assets under the current Payment Services Act into the framework of the Financial Instruments and Exchange Act. As assets like Bitcoin are increasingly viewed by institutions as investment targets, this adjustment signifies Japan’s effort to more clearly integrate crypto assets into its financial market regulatory system.

The bill has entered Senate review.

According to reports, the bill was approved by Japan’s Cabinet on April 10 and passed by the House of Representatives on June 11. It is currently under review by the House of Councillors and is expected to take effect in 2027.

• April 10: Japan’s Cabinet approves…