Japan Explores Tougher Crypto Regulation For Market Growth

Japan advances tougher crypto regulation, transitioning oversight from the Payment Services Act to investment-focused Financial Instruments Exchange Act. The move aims to enhance investor protection as crypto markets expand rapidly. FSA Initiates Strategic Regulatory Recalibration Amid Market Evolution The Financial Services Agency (FSA) convened the first meeting of its Crypto Assets Working Group on July 31. Discussions centered around reclassifying crypto assets to treat them more comprehensively as investment products rather than merely payment tools source: https://beincrypto.com/japan-explores-tougher-crypto-regulation-for-market-growth/