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FSA Considers Reclassifying Crypto In Japan

Summary by blockzeit.com
The FSA is pushing for the reclassification of crypto as an investment instrument in Japan, repealing the rule that considers it as a mere payment instrument. The regulator urges lawmakers to arrive at stricter rules in crypto laws to curb scams and insider trading. Like any other innovation, the cryptocurrency industry is rife with bad actors looking to make an easy buck at the expense of investors. Recognizing the growing cases of fraudulent a…
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blockzeit.com broke the news in on Wednesday, April 2, 2025.
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