The new rules ban insider trading, require issuers to publish annual disclosures, and impose stricter penalties: up to 10 years in prison and 10 million yen in fines for operating without registration. Japan's cabinet approved a draft amendment classifying cryptocurrencies as financial products under the Financial Instruments and Exchange Act, shifting from treating them as payment tools. The law could take effect in fiscal 2027. The new rules ban insider trading, require issuers to publis…
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