Japan’s Lower House has advanced a bill that would bring crypto assets under the country’s financial instruments framework. The move would place digital assets closer to the regulatory treatment of stocks and bonds. It could also open the door to potential exchange-traded products linked to crypto, including ETFs. The legislative shift builds on a wider reform package already under discussion by regulators. The Financial Services Agency has been working on reclassifying crypto assets under securities law. The proposals also include a reduction in capital gains tax from as high as 55 percent to a flat 20 percent, ... (full story)