The number of user accounts on cryptocurrency exchanges in Japan has grown steadily and crypto players are gearing up to reach a wider audience of Japanese investors.
| Photo Credit:
REUTERS/Dado Ruvic
Japan’s parliament has passed a law amendment to designate cryptocurrency assets as “financial assets,” NHK news said on Wednesday. They previously fell under the “Payment Services Act.”* As financial assets, cryptocurrency assets will be subject to stricter regulations, for instance those governing insider trading, and the law amendment will mean stricter penalties for unregistered trading.* The number of user accounts on cryptocurrency exchanges in Japan has grown steadily and crypto players are gearing up to reach a wider audience of Japanese investors.* The change in treatment is expected to come into effect within a year, NHK said. (Published on July 15, 2026
