Japan plans to classify crypto as a "financial product" before 2026, thereby applying insider trading regulations (similar to stocks). However, crypto may still remain separate from the securities group.

Crypto service businesses in Japan need to register with the Financial Services Agency (FSA) of Japan. The specific management of tokens (BTC, ETH, memecoin...) has not yet been clarified. This move follows a series of recent supportive policies for crypto in Japan, such as stablecoin licensing, tax reductions, and consideration of crypto ETF approval.