Japan Is Reclassifying Crypto From Payments to Financial Products

[etfs]

Japan’s policy direction builds on regulatory groundwork already in motion. In December 2025, the Financial Services Agency outlined plans to shift crypto oversight from the Payment Services Act to the Financial Instruments and Exchange Act, effectively treating crypto assets as securities rather than payment tools.

This change would impose stricter disclosure requirements, insider trading rules, and stronger enforcement against unregistered platforms. Combined with proposed tax reforms, the move reflects a deliberate effort to standardize crypto regulation alongside stocks and investment funds instead of maintaining a separate rulebook.

[JanEmil]

Will give many problems for us short term.

[96f402f86e]

feels less like banning crypto and more like forcing it into adult supervision