Japan Considers Applying Securities Law to Cryptocurrency Regulation

The Financial System Council working group is reviewing proposals to bring crypto assets under the scope of Japan’s Financial Instruments and Exchange Act.

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Terms & Concepts
  • Financial Instruments and Exchange Act: Japan’s primary securities law that regulates investment products, markets, and financial business operators.
  • Cryptocurrency Regulation: Legal frameworks and rules established to govern the issuance, trading, and custody of digital assets.
  • Financial System Council (Japan): An advisory body to Japan’s Financial Services Agency, tasked with evaluating and recommending financial policy and regulatory reforms.