Japan's FSA considers classifying crypto assets as financial instruments and regulating internal trading

ChainCatcher news, according to Jinshi reports, the Financial Services Agency (FSA) of Japan is considering implementing regulations on internal trading of cryptocurrency assets. Japanese regulators are considering classifying crypto assets as financial instruments under Japanese law. The Japanese FSA is expected to submit a draft for amending the Financial Instruments and Exchange Act to Parliament as early as the next fiscal year.

The Japanese FSA hopes to prevent unfair trading practices when trading crypto assets for investment purposes. A financial committee under the Japanese FSA is expected to start discussing more details of the aforementioned draft amendment from the summer of 2025.