Japan Proposes Cryptocurrency Classification as Financial Instruments
Japan's cabinet has greenlit a draft amendment aimed at categorizing cryptocurrencies as financial products, signaling a significant regulatory shift. By falling under the Financial Instruments and Exchange Act, similar to stocks and securities, crypto assets would be subject to stricter oversight. This proposed law, potentially effective as early as fiscal 2027, would replace the current framewo…
April 10, 2026, 8:58 a.m.