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TechFlow reports that on March 30, according to Jinshi Data, the Japan Financial Services Agency (FSA) is considering regulating internal transactions of crypto assets by classifying them as financial instruments. The FSA is expected to submit a draft amendment to the Financial Instruments and Exchange Act to the Diet as early as the next fiscal year.
According to Jinshi Data, Japan's Financial Services Agency (FSA) is considering regulating internal trading of crypto digital assets by classifying crypto assets as financial instruments. The Japanese FSA is expected to submit a draft amendment to the Financial Instruments and Exchange Act to the Diet as early as the next fiscal year.
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