The Japanese Financial Services Agency proposes to classify cryptographic assets into two categories, seeking public feedback

Blockbeats
11 Apr

BlockBeats News, April 11th: On April 10th, the Japanese Financial Services Agency released a regulatory discussion paper proposing to categorize crypto assets into "Financial / Business Type" and "Non-Financial / Non-Business Type." The former includes tokens used for fundraising, while the latter includes assets such as Bitcoin and Ethereum. The agency is soliciting public opinions on issues such as disclosure requirements, custody rules, and market access, with a deadline of May 10th, aiming to promote a clearer, tiered regulatory framework. (Cryptonews)

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