Japan's Financial Services Agency Seeks Public Opinion on Bill Classifying Virtual Assets as Financial Products
Suehyeon Lee
Summary
- Japan's Financial Services Agency announced that it is seeking opinions on a bill classifying virtual assets as financial products.
- The bill's review items include the scope of regulation, scope of information disclosure, and responses to insider trading.
- The bill is expected to be reviewed after collecting public opinions until May 10.
It has been reported that Japan's Financial Services Agency is seeking public opinion on a bill that classifies virtual assets (cryptocurrencies) as financial products.
According to CoinPost on the 11th (local time), Japan's Financial Services Agency plans to collect public opinions on the bill classifying virtual assets as financial products until May 10.
The Financial Services Agency plans to review the bill based on the collected public opinions, with major review items including the scope of regulation, the scope of information disclosure, and responses to insider trading.
Suehyeon Lee
shlee@bloomingbit.ioI'm reporter Suehyeon Lee, your Web3 Moderator.!["Will AI take our jobs?" Fear spreads…market rattled by a plunge in shares [New York Market Briefing]](https://media.bloomingbit.io/PROD/news/874408f1-9479-48bb-a255-59db87b321bd.webp?w=250)
