ChainCatcher news, according to Jinshi report, the Japanese Financial Services Agency (FSA) is considering regulating insider trading of cryptocurrency assets. Japanese regulators are considering classifying crypto assets as financial instruments under Japanese law. It is expected that the Japanese FSA will submit a draft amendment to the Financial Transactions Act to the parliament as early as the next fiscal year.

The Japanese FSA hopes to prevent unfair trading practices when conducting crypto asset transactions for investment purposes. It is anticipated that a financial committee under the Japanese FSA will begin discussing more details of the proposed amendment from the summer of 2025.