TechFlow news, November 13 — According to Cointelegraph, Japan Exchange Group (JPX), the country's largest securities exchange operator, is considering stricter regulations for listed companies transitioning into cryptocurrency holdings. As reported by Bloomberg, JPX plans to introduce new audit requirements and tighter reverse listing evaluations. This move follows recent significant losses suffered by digital asset firms, including Metaplanet, Japan's largest Bitcoin holder, whose share price has plunged 82% from its May peak this year. In response, Metaplanet CEO Simon Gerovich stated that the company has obtained approval for all key matters through five shareholder meetings and has followed proper governance procedures. If JPX formally implements the new rules, it could slow down or block the listing process for new digital asset companies.
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