Japan Exchange Group Considers Stricter Crypto Regulations for Listed Firms
Japan Exchange Group (JPX) is evaluating tighter controls on publicly traded companies with significant cryptocurrency holdings. The move follows market volatility that eroded value in corporate treasuries, exemplified by firms like Metaplanet and Convano sustaining heavy losses. New measures under consideration include fundraising restrictions and enhanced auditing requirements for digital-asset treasury companies.
Regulators aim to shield investors from risks inherent in volatile crypto markets. Three Tokyo-listed firms recently suspended planned crypto purchases after JPX warnings about constrained funding access. While no outright ban exists, the exchange now scrutinizes companies shifting substantial capital into digital assets.