Japan is preparing to implement a new classification of cryptocurrencies that will allow them to be recognized as financial assets. According to media reports, this decision is set to be realized in 2026.
This is reported by Business • Media
The Financial Services Agency of Japan (FSA) plans to submit a bill to parliament that will include amendments to the Financial Instruments and Exchange Act. Currently, these amendments are being discussed in closed expert groups.
“Currently, cryptocurrencies such as Bitcoin are classified as a means of payment, as they were initially viewed primarily as a method of payment. However, if they are recognized as financial products, crypto assets are likely to receive a separate legal status distinct from securities such as stocks and bonds,” the statement reads.
According to Nikkei, the new rules regarding insider trading in cryptocurrencies will be similar to those already in place for traditional financial products. If the changes come into effect, the regulator will be able to strengthen oversight of local crypto service providers, as the number of fraud cases has increased in recent years.
Classifying cryptocurrencies as financial assets will require registration not only of exchanges but also of companies that attract investments in this sector with financial authorities. As journalists note, implementing such changes will signify a significant transformation in the regulation of the crypto industry in Japan.
It is worth recalling that in February 2025, Nikkei reported that the FSA began considering the possibility of recognizing crypto assets as financial products on par with securities.