Japan’s Senate Passes Bill to Reform Crypto Brokerage Regulations

The Japanese Senate has approved a crucial reform bill for crypto brokerages, setting the stage for greater regulatory clarity and market integration by 2025. This landmark legislation aims to streamline operations for brokerages and stablecoin issuers while enhancing investor protections. Key changes include lowered barriers for issuing stablecoins, improved user safeguards, and adjustments to brokerage roles that cater to modern financial needs.