CryptoThe Blockabout 2 hours ago
Japan classifies crypto as financial asset
1 min read
Japan's parliament passed revisions to the Financial Instruments and Exchange Act, classifying crypto assets as financial assets and introducing insider trading rules. Penalties for unregistered operations rise to 10 years in prison and fines up to 10 million yen. Insider trading violations carry up to five years in prison or 5 million yen fines.
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