Cryptocurrencies in Japan would be classified as financial products if a proposed regulatory reform to the country’s Financial Services Agency is implemented.

This reform would lay the groundwork “for one of the most comprehensive frameworks among major economies,” according to a report by the Asahi Shimbun, which notes that the agency is ready to “reclassify digital assets as financial products under the Financial Instruments and Securities Market Act, thus including cryptocurrencies in the same legal category as securities and structured investment vehicles.”

This change would transform how Japanese exchanges, issuers, and investors interact with the crypto ecosystem and would apply to all 105 listed cryptocurrencies.

In this regard, exchanges would be required to disclose “detailed information about each listed token. This includes whether the token has an identifiable issuer, the underlying blockchain architecture, and the asset’s volatility profile,” always subject to Japanese insider trading regulations.

The request, along with a petition for banks to hold bitcoins and operate exchanges, will be submitted by the FSA during Japan’s main parliamentary session in 2026.

M.Pino

Source: financefeeds

(Reference image source: Dmytro Demidko on Unsplash)

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La entrada Japan to reform cryptocurrency regulations to classify them as financial products apareció primero en Bitfinance.