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Japan’s Financial Regulator Weighs Stricter Disclosure Rules for Crypto Assets: Nikkei

New disclosure rules may align virtual currencies with securities to enhance investor protection and promote any potential ETFs.

Feb 10, 2025, 1:20 p.m.
japanese yen (Shutterstock)
Japan is considering regulating crypto-related assets as securities. (Shutterstock)

What to know:

Japan's Financial Services Agency (FSA) is considering classifying crypto assets as financial products similar to securities in a move to enhance investor protection by requiring businesses to disclose more information, Nikkei reported.

The FSA is conducting a closed study session with experts to asses current regulations. Once that's complete, the agency plans to announce regulatory reforms by June, Nikkei said.

Any reforms could may enhance the attractiveness of spot cryptocurrency exchange-traded funds (ETFs), should they become available. In August, the boss of the FSA said “cautious consideration” needs to be given to any decision to approve crypto-related ETFs.

Disclaimer: Parts of this article were generated with the assistance from AI tools and reviewed by our editorial team to ensure accuracy and adherence to our standards. For more information, see CoinDesk’s full AI Policy.

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