Without specifying sources, the Nikkei business daily said on Sunday that Japan’s Financial Services Agency (FSA) intends to amend the Financial Instruments and Exchange Act to grant cryptocurrency assets legal status as financial goods.
As part of the action, the Nikkei added, cryptocurrency assets will be subject to insider trading regulations, which forbid purchasing and disposing of them based on confidential company knowledge.
According to the publication, the FSA plans to alter the Financial Instruments and Exchange Act by submitting a bill to parliament as early as 2026.
