Japan’s changing crypto framework has strengthened Shiba Inu’s position in the country, but as of September 7 no regulator, exchange or asset manager has filed for or approved a Japanese SHIB exchange-traded fund.
Summary
- Japan’s parliament passed crypto-market legislation July 15, but regulators approved no Shiba Inu exchange-traded fund.
- The amended framework moves crypto oversight toward FIEA rules covering disclosures, trading conduct and intermediaries.
- Japan promulgated the legislation July 23, with detailed implementation rules still requiring regulatory development afterward.
- JVCEA’s Green List includes SHIB, which nine member exchanges handled as of…
