Japan’s top financial authorities are pushing to tighten rules on cryptocurrency trading, with plans that would make buying or selling tokens on the basis of undisclosed information illegal.
According to Nikkei and other reports, the Financial Services Agency (FSA) is discussing reclassifying some crypto assets under the Financial Instruments and Exchange Act so they carry the same insider-trading rules as stocks and bonds.
Working Group Sets Deadlines
Based on reports, the FSA has laid out a rough timeline for change. Meetings of a government working group on crypto systems have been held this year, and minutes show the agency aims to firm up details by the end of 2025. The plan would then move toward a bill to amend relevant laws as early as 2026.
Japan to ban cryptocurrency inside