2026-04-10 07:20:22

Breaking News from TechFlow, April 10th, according to Nihon Keizai Shimbun, the Japanese government held a cabinet meeting on April 10th and officially approved the amendment to the Financial Instruments and Exchange Act. This amendment for the first time includes crypto assets (virtual currencies) into the financial product regulatory framework, bans insider trading based on non-public information, and requires issuers to disclose information once a year. The regulatory basis will also shift from the previous fund settlement law to the Financial Instruments and Exchange Act, and the registered operator name will change from "crypto asset exchange operator" to "crypto asset trading operator."

In terms of penalties, for unlicensed entities engaging in crypto asset sales, the maximum detention sentence has been increased from 3 years to 10 years, and the maximum fine has been raised from 3 million yen to 10 million yen.

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

1 Likes