Crypto assets come under Financial Instruments and Exchange Act rules, with insider trading regulations and stronger exchange operator requirements

Japan's revised Financial Instruments and Exchange Act shifts crypto assets from payment services to financial instruments regulation, aiming to match stock market investor protection. The revision introduces information disclosure, insider trading rules and stronger exchange operator requirements, including capital, suitability and cybersecurity measures. The FSA says this does not endorse crypto investment, and bitcoin's price volatility remains unchanged.