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Japan crypto bill moves closer to final passage
Japan moved a major crypto reform bill closer to final passage, advancing legislation that would bring Bitcoin, Ethereum, XRP and other digital assets under a securities-style regulatory framework. If enacted, the framework would treat major cryptocurrencies more like financial products such as stocks and bonds, rather than mainly as payment instruments under the existing system. According to CoinGape, Japan’s House of Representatives approved amendments to the Financial Instruments and Exchange Act on Thursday, sending the bill to the House of Councillors for a final vote. The proposed law would transfer much ... (full story)
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