Japan Plans to Bring Crypto Assets Under the Same Regulatory Framework as Stocks, Possibly Effective Next Year

TechFlow News, June 11: Japan’s Diet is advancing a bill to bring crypto assets under the same regulatory framework as stocks. The bill passed the House of Representatives on Thursday, proposing to classify crypto assets as financial instruments—subjecting them to lower tax rates and stricter trading rules—and paving the way for new products such as crypto asset ETFs. The bill still requires deliberation and approval by the House of Councillors and is expected to take effect next year.