Japan could soon treat cryptocurrencies like stocks and other financial investments, rather than just as a payment method.

The country’s House of Representatives passed a bill that shifts crypto regulation from the Payment Services Act to the Financial Instruments and Exchange Act.

The Financial Services Agency (FSA) attributed the move to crypto quickly becoming a more mainstream investment asset in an announcement of the passage of the bill Thursday. Japan now has more than 14 million open crypto accounts, according to data cited by the FSA. Low- to middle-income everyday retail users are driving this growth, with people earning under 7 million yen ($43,600) a year accounting for roughly 70% of those accounts.

The new rules, expected…