Japan’s FSA proposes new framework for regulating crypto assets in Japan
A discussion paper on crypto regulation in Japan highlights issues like market access, insider trading, and classification of assets into funding and non-funding categories.
Japan’s Financial Services Agency (FSA) released a discussion paper on 10 April, titled ‘Examining the Structure of Regulatory Frameworks Related to Crypto Assets’. The paper highlights key issues such as regulatory oversight and transparency. It also addresses insider trading prevention and industry-specific regulations, including the travel rule and staking practices.
A significant proposal in the paper is the classification of crypto assets into two categories. Type 1, Funding/Business Crypto Assets, refers to assets…
