Japan Tightens Crypto Rules With Major Shift to Securities-Like Oversight

Japan is preparing one of its most significant crypto regulatory overhauls to date. The Financial Services Agency (FSA) plans to move digital assets out of the current Payment Services Act (PSA) and place them under the far stricter Financial Instruments and Exchange Act (FIEA). source: https://www.ethnews.com/japan-tightens-crypto-rules-with-major-shift-to-securities-like-oversight/