Japan FSA Introduces Rules Against Cryptocurrency Insider Trading

The Financial Services Agency (FSA) of Japan has announced plans to implement new rules specifically targeting insider trading in the cryptocurrency sector. These regulations aim to align with international standards like MiCA and IOSCO, aiming to prevent manipulation by individuals who possess nonpublic information about virtual assets. The FSA’s initiative seeks to address existing gaps in regulation as the cryptocurrency market continues to grow, particularly due to technological advancements that have introduced new forms of trading.