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Japan's Financial Services Authority seeks comments on a new framework for crypto asset regulation

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2025-04-11 05:06:43
The FSA has released a discussion paper entitled "Review of the Crypto-Asset-Related Institutional Framework", inviting the general public to comment before the May 10 deadline.
Since July 2024, the agency has been conducting a review of the regime in light of the reality of recent crypto asset transactions. This publication summarizes the findings of this verification. The FSA values "creating a balanced environment that protects users while promoting innovation" and intends to use the comments gathered this time as reference material for future regulatory reviews. The document sets out the scope of the regulatory review, disclosure and provision regulations, business regulations (travel rules, wagering practices), market opening regulations, and responses to insider trading as topics for discussion.
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