Japan’s Financial Services Agency (FSA) Considers Crypto Regulation Regime: Nikkei

- Japan's Financial Services Agency (FSA) is contemplating classifying crypto assets as securities to improve investor protection through enhanced disclosure requirements.

- The FSA is currently conducting a closed study with experts and plans to announce regulatory reforms by June 2025.

- These potential reforms could make spot cryptocurrency exchange-traded funds (ETFs) more appealing if approved in the future.

- The FSA has previously indicated a cautious approach toward the approval of crypto-related ETFs.

https://www.coindesk.com/markets/2025/02/10/japan-s-financial-regulator-weighs-stricter-disclosure-rules-for-crypto-assets-nikkei