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South Korea, Japan Open Crypto Rules As Kospi, Nikkei Slide

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2026-07-17 11:38:56
South Korea’s Kospi entered a technical bear market while Tokyo’s Nikkei fell again on Friday, exposing leverage-driven weakness in Asia’s biggest developed markets. according to BeInCrypto, both governments are also opening legal pathways for digital assets, raising the prospect of greater institutional crypto participation.

Japan’s parliament passed amendments on July 15 that reclassify crypto as financial products, add insider-trading bans and disclosure rules, and allow domestic spot crypto ETFs, while South Korea announced the National Asset Basic Act covering digital assets in state wealth.
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