Japan Tightens Crypto Regulations to Combat Insider Trading
Japan's Financial Services Agency (FSA) is preparing to introduce stringent regulations targeting insider trading in the cryptocurrency market. Proposed amendments to the Financial Instruments and Exchange Act (FIEA) will extend existing securities laws to digital assets, closing a critical legal loophole. The Securities and Exchange Surveillance Commission (SESC) will gain enhanced investigative powers, including the authority to impose financial penalties and pursue criminal charges.
"Cryptocurrencies must operate under the same principles of fairness and transparency as traditional financial instruments," stated an FSA spokesperson. The reforms, expected to be finalized by late 2025, signal Japan's push to align crypto markets with conventional financial oversight frameworks.
