Japan plans to classify cryptocurrencies as new assets rather than securities regulation
2025-03-07 01:48:27
Sota Watanabe, founder of Astar Network, said on the X platform: "In Japan, cryptocurrencies may not be considered securities, but rather be regulated as a new asset class under the new framework of the Financial Instruments and Exchange Act. If the bill is passed, it will be a victory for the cryptocurrency industry. The Japanese government has been consulting with industry leaders in Japan, which is a positive outcome of the cooperation between the two parties."
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