Japan Sets to Classify Crypto as Financial Products

Japan’s financial regulator is set to significantly impact the cryptocurrency landscape by classifying cryptocurrencies as financial products. The move, scheduled for early 2026, will see crypto assets fall under existing laws governing financial instruments like stocks, potentially leading to greater regulatory oversight. According to a report from Nikkei, the Financial Services Agency (FSA) plans to submit a bill to parliament to revise the Financial Instruments and Exchange Act as early as next year following internal study groups’ deliberations.