Japan is leveling up crypto regulations! 🇯🇵

Japan's Financial Services Agency (FSA) is proposing a major regulatory overhaul, moving crypto oversight from the Payment Services Act to the Financial Instruments and Exchange Act (FIEA). This means stricter disclosure rules, regulation of IEOs, and treating digital assets more like traditional securities. Expect mandatory code audits and explicit bans on insider trading. This move is poised to boost market integrity and institutional confidence, potentially supercharging Japan's web3 sector.

This is not financial advice.

#CryptoRegulation #Japan #Web3 #DeFi #Blockchain

🚀