<ul><li>Japan plans to reclassify cryptocurrencies as financial products under the Financial Instruments and Exchange Act.</li><li>The reclassification aims to provide a clearer legal framework and implement stricter regulatory oversight, including insider trading rules.</li><li>The Financial Services Agency (FSA) intends to submit the proposed amendment to parliament by 2026.</li><li>Japan's proactive approach in adopting new regulations positions it as a leader in digital asset regulation worldwide.</li></ul>

Japan’s Bold Move: Crypto Assets to Be Classified as Financial Products

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