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Japan Approves Law Recognizing Crypto as Financial Products

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2 outlets - including Defi-planet and Cryptopress - are covering this story. Japan has approved amendments to the Financial Instruments and Exchange Act that formally classify cryptocurrencies as financial products, marking one of the country’s biggest digital asset policy changes in recent years. The legislation, a…

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Japan Approves Law Recognizing Crypto as Financial Products
DeFi Planet Jul 15, 15:32 UTC

Japan Approves Law Recognizing Crypto as Financial Products

Japan has approved amendments to the Financial Instruments and Exchange Act that formally classify cryptocurrencies as financial products, marking one of the country’s biggest digital asset policy changes in recent years. The legislation, a…

Cryptopress Jul 15, 13:44 UTC

Japan Passes Law Treating Crypto as Financial Products

Japan’s parliament approved legislation on July 15 that moves cryptocurrency trading into the Financial Instruments and Exchange Act, replacing the sector’s primary treatment as a payment-service activity with a financial-product framework.…