Japan to give crypto assets legal status as financial products: Report
The Hindu
Japan’s Financial Services Agency (FSA) wants to give crypto assets a legal status, the Nikkei business daily said.
Japan's Financial Services Agency (FSA) plans to revise the Financial Instruments and Exchange Act to give crypto assets a legal status as financial products, the Nikkei business daily said on Sunday, without citing sources.
As part of the move, crypto assets will be put under insider trading restrictions that prohibit buying and selling based on undisclosed internal information, the Nikkei said.
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