PANews reported on March 30 that according to Jinshi, the Japanese Financial Services Agency (FSA) is considering regulating internal transactions of cryptocurrency assets. Japanese regulatory authorities are considering classifying crypto assets as financial instruments under Japanese law. The FSA is expected to submit a draft amendment to the Financial Transactions Act to the parliament as early as the next fiscal year. The FSA hopes to prevent unfair trading practices when conducting crypto asset transactions for investment purposes. A financial committee is expected to discuss more details of the proposed amendment starting from the summer of 2025.
Japan's FSA considers classifying crypto assets as financial instruments and regulating internal transactions
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