Japan Exchange Operator Eyes Rules to Rein In Crypto Holdings by Listed Companies
Japan Exchange Group is considering stricter regulations to curb the rise of listed companies amassing digital assets, as investor protection concerns mount following recent losses. The Tokyo Stock Exchange operator may tighten backdoor listing rules and require fresh audits for firms shifting into significant crypto positions.
Three listed companies have already paused plans to acquire cryptocurrencies after pushback from JPX, with warnings that their fundraising could be constrained if they pursued crypto-centric strategies. The exchange group has no blanket ban on corporate crypto holdings but is monitoring risk and governance issues to safeguard shareholders.
Crypto-linked stocks, which surged earlier this year, have since tumbled, prompting closer regulatory scrutiny. The MOVE reflects growing institutional caution amid volatile market conditions.
