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Japan Reportedly Could Place Crypto Under Insider Trading Rules

  • Japan's Financial Services Agency (FSA) is working on revising the law to consider cryptocurrencies as financial products.
  • The proposed change would place cryptocurrencies under Japan's insider trade prohibitions.
  • The FSA may submit a bill to amend the legislation to Japan's parliament next year.
  • This move in Japan follows a global trend of regulatory agencies reevaluating their approach to governing digital assets.

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