Japan’s financial authorities are taking decisive action to prevent insider trading in the cryptocurrency market, as they prepare new regulations that will align crypto trading with traditional securities laws. The move is part of a larger initiative to improve transparency and fairness within the crypto ecosystem. Under these proposed rules, the Securities and Exchange Surveillance Commission (SESC) will gain authority to investigate suspicious crypto transactions, while traders found guilty of insider activity could face fines proportional to their illicit profits. This new framework is expected to be finalized by the end of 2025, with a plan to submit an amendment to Japan’s Financial Instruments and Exchange Act (FIEA) next year.