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Japan to give crypto assets legal status as financial products, Nikkei says.
crypto :: 2025-03-30 :: source - reuters
By Reuters
Representations of cryptocurrencies are seen in this illustration, August 10, 2022. REUTERS/Dado Ruvic/Illustration/File Photo
TOKYO (Reuters) -Japan's Financial Services Agency (FSA) plans to revise the Financial Instruments and Exchange Act to give crypto assets a legal status as financial products, the Nikkei business daily said on Sunday, without citing sources.
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As part of the move, crypto assets will be put under insider trading restrictions that prohibit buying and selling based on undisclosed internal information, the Nikkei said.
The FSA will submit a bill to parliament as early as 2026 to amend the Financial Instruments and Exchange Act, the paper said.
(Reporting by Kiyoshi Takenaka; Editing by Kate Mayberry)
Reuters report
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