The post Japan Approves Bill to Classify Crypto as Financial Product appeared first on Coinpedia Fintech News
Japan’s cabinet approved a bill to classify cryptocurrencies as financial products, moving Bitcoin and Ethereum under securities-style regulation. The change shifts crypto from payment instruments to investment assets, introduces insider trading bans, and aims to boost institutional participation in the world’s fifth-largest economy. Japan Officially Reclassifies Crypto Under Financial Instruments For years, Japan treated crypto …