TechFlow, July 30 — According to Bloomberg, the Osaka Exchange, part of the Japan Exchange Group (JPX), is considering listing cryptocurrency derivatives. During its research, the exchange will focus on analyzing product specifications from overseas markets to assess their suitability for Japan, while closely monitoring policy developments by the Financial Services Agency (FSA).
Currently, the FSA is advancing discussions on incorporating crypto assets into the regulatory framework of the Financial Instruments and Exchange Act, which could reduce the tax rate on crypto asset trading from the current maximum of 55% to 20%, aligning it with the rate for stocks. This move echoes global trends in the crypto market. The United States has already launched various crypto asset derivatives and recently passed the Stablecoin Regulation Act, providing institutional support for market development.
