Japan Signals Big Shift: FSA Set To Classify Crypto As Financial Products

Japan Signals Big Shift: FSA Set To Classify Crypto As Financial Products


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According to reports, Japan’s Financial Services Agency is preparing a major rewrite of how crypto are treated under the law, moving to classify certain digital assets as “financial products” and placing them under stricter rules and tax treatment.

The change would affect 105 cryptoassets, and it could reshape trading, reporting and who is allowed to hold these assets.

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Rules For Assets

The move would force domestic exchanges to publish far more detail about each listed token — for example, whether an asset has a clear issuer, the technology that runs it, and its volatility profile.

Bitcoin and Ether are among the listed names covered. The proposed shift would fold these tokens

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