Crypto News

The Japanese FSA seeks the treatment of crypto as securities for the performance of ways for ETFS: report

Japan Financial Clock started discussions about closed returnees on the audit of the crypto regulations, including their potential classification as securities.

JapanThe Financial Financial Service Agency considers the classification of cryptocurries as financial products similar to securities, Yahoo Japan reportsstating Japanese news. The Agency began discussions about closed doors with experts to review existing regulations.

The FSA allegedly plans to publish policy direction until June. Then he will look for the Opinion of the Financial System Council, which will meet in the fall. The legal amendment can be submitted in 2026 years, although the exact time frame remains to be seen.

If the crushers are treated as securities, it could make it difficult for retail investors, but it could also open the CRIPTO ETFS spot door in Japan. Details are still working.

The FSA discusses whether existing securities laws within financial instruments and the exchange law or to introduce new rules under FIEE or payment services law. The Agency also reviews whether the regulations would be related to all cryptocurrency or just as the main such as Bitcoin (Btc) and Etherum (El).

In October, a domestic study published Recommendations for CRIPTO ETFS. The Group proposed a priority bitcoin and ethereum, improving regulatory frameworks and apply different tax rules for CRIPTO ETFS and SPOT transactions.

Japanese pushing for crypto-adapted regulation could also attract the attention of large capital companies in ultra. Softbank, for example, recently supporting Cripto Mining Spot Center Center Center Center. As part of the agreement, Softbank provides the opportunity to acquire an underdeveloped transmission center website in Texas in Texas owned by code.

The news of the potential approval of the dotted CRIPTO ETF in Japan comes as Softbank reports on permanent financial growth. The company recently announced That his revenues and profits increased in all segments for nine months ended December 2024, calling it “good and constant progress”. According to the latest earnings report, Softbank’s net income for FI2024 (K1-K3) increased 7.4% to 436.6 billion yen from 406.7 billion yen.

https://crypto.news/app/uploads/2024/08/crypto-news-Japan-bitcoin-option01.webp

2025-02-10 13:31:00

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button