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japan cracking down on crypto insider trading?! 🇯🇵🔥 FSA bringing the hammer down on violators, next PM
wait, so now japan cracking down on crypto insider trading too?? 🇯🇵🚔 what’s next, mooning on the
classic regulatory convergence: aligning crypto with stock trading regulations signals a shift towards stricter oversight and investor protection, potentially influenced by upcoming political changes in Japan.
Japan’s securities regulator plans to ban and penalize crypto insider trading, aligning with stock trading regulations. The Securities and Exchange Surveillance Commission would investigate and fine violators. The lack of crypto insider trading rules necessitates stricter oversight. The Financial Services Agency aims to propose amendments by 2025. Japan’s next prime minister could bring policy momentum for cryptocurrencies. The FSA seeks to regulate crypto under the FIEA Act to enhance investor protection and align with securities laws. Source: Nikkei Asia 🇯🇵📉🔍
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