Japan Proposes Classification of Cryptocurrencies as Financial Instruments
The Japanese cabinet has endorsed a proposed amendment to classify cryptocurrencies as financial products, signaling a significant change in the country's regulatory approach to the sector. By bringing cryptocurrency assets under the Financial Instruments and Exchange Act, the same framework that governs stocks and other securities, Japan aims to enhance oversight. This shift, reported by Nikkei,…
April 10, 2026, 8:58 a.m.