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Japan Plans Law Revision to Tackle Crypto Insider Trading
The financial regulators of Japan have unveiled the plans to revise their financial regulations. Hence, the Japanese Financial Service Agency (FSA) is planning to modify the Financial Instruments and Exchange Act (FIEA), adding crypto assets to the category of financial products. This revision focuses on eliminating the insider trading in the country’s crypto sector. As per the local news agencies, the Financial Services Agency’s endeavor to revise the Financial Instruments and Exchange Act is to legitimize crypto. In addition to this, the agency also endeavors to confront the insider trading in the crypto sector ... (full story)