Japan’s Financial Services Agency (FSA) is considering classifying crypto assets as securities, potentially paving the way for spot crypto ETFs.
The Financial Services Agency (FSA) of Japan is looking into changes to the rules that might make crypto assets the same as securities as financial products.
A secret study group of experts has been put together to look over the framework. Possible changes should be made by June, and a bill is set to be introduced in 2026.
One of the main issues being talked about is whether to add crypto assets to the current Financial Instruments and Exchange Act or make a whole new set of rules.
Japan might allow spot crypto exchange-traded funds (ETFs) if they are considered securities. This is something that the Japanese crypto industry has been pushing for a long time.
Japan still isn’t sure if it wants to use Bitcoin as a national reserve asset, even though institutional interest is growing. They are worried about its volatility, security, and liquidity. The Government Pension Investment Fund, on the other hand, is looking into how Bitcoin could be used to diversify.