Japan is poised to shake up the crypto landscape. Regulators are evaluating a fundamental reclassification that could bring digital assets under the same legal umbrella as traditional financial instruments—tightening oversight, cracking down on insider trading, and potentially slashing crypto taxes. Japan FSA Explores Amending Financial Instruments Act Japan’s financial regulator is considering revising national law to treat cryptocurrencies as financial products, a move that would involve new rules targeting insider trading, Nikkei reported Sunday. The reported plan involves Japan’s Financial Services Agency (FSA) seeking amendments to the Financial Instruments and Exchange Act (FIEA), the country’s primary law governing securities
source: https://news.shib.io/2025/03/31/game-changer-japan-moves-to-classify-crypto-as-a-financial-product/?utm_source=rss&utm_medium=rss&utm_campaign=game-changer-japan-moves-to-classify-crypto-as-a-financial-product