Japan passes revised Financial Instruments and Exchange Act to classify crypto as financial products

The NHK report points to a legal shift that places crypto assets within Japan’s financial product framework under the amended law.

Summary

Japan has passed a revised Financial Instruments and Exchange Act that positions crypto assets as “financial products,” marking a notable change in how the sector is treated under the country’s legal framework. The development, reported by NHK, suggests crypto will be brought more squarely into Japan’s securities-style regulatory architecture, a move that could shape oversight, market conduct rules, and investor protection standards.

Terms & Concepts
  • Financial Instruments and Exchange Act: Japan’s main law governing securities and financial markets.
  • crypto assets: Digital tokens recognized as a category of asset.