FSA
Japan's Financial Services Agency is considering an amendment to reclassify cryptocurrencies from a payment method to a "financial product," aiming to boost investor protections as crypto accounts have quadrupled in five years. The proposal signals a major shift in how digital assets will be regulated and supervised.
Japan’s Financial Services Agency is considering classifying cryptocurrencies as financial products with tougher disclosure and insider-trading rules, and replacing the current tax system with a flat 20% rate. The move aims to simplify taxation and boost market clarity.
Japan’s Financial Services Agency is officially supporting the Payment Innovation Project (PIP), a stablecoin experiment set to begin in November 2025 with six major banks and firms participating. The move signals stronger regulatory engagement with digital payments and could accelerate crypto payment adoption in Japan.