Japan Considers Classifying Crypto as Financial Products: Report
Japan is reportedly considering classifying crypto assets as financial products. The proposal suggests a shift in how crypto is regulated within the country. This development could have implications for exchanges and investors operating in Japan, potentially leading to increased regulatory oversight and compliance requirements. The move reflects a growing global trend among nations to define and regulate the crypto space within existing financial frameworks.
Never miss a Web3 update
Join our Telegram channel to receive news in real-time, straight to your phone.