🇯🇵 Japan to Shift Crypto Oversight to Securities Law
Japan is making a major regulatory pivot 🔄 — moving crypto oversight from the Payment Services Act to the Financial Instruments and Exchange Act, treating digital assets more like investment products than payment tools.
Exchanges will face stricter disclosure rules on IEOs, tokenomics, audits, and developer identities 🔍
The new framework will also cover DEXs and overseas platforms serving Japanese users ⚠️
A flat ~20% crypto tax rate is under consideration to attract investors and Web3 builders 💰
Overall, Japan is signaling a shift toward a more mature, securities-style crypto market 📈
💭 What do you think — is Japan tightening or future-proofing its crypto space?
