Japan moves crypto into the financial-asset regime 🇯🇵 Japan’s decision to classify crypto as a financial asset marks a significant shift in how digital assets are being absorbed into traditional financial-market regulation. The change brings crypto closer to the same regulatory perimeter as other financial instruments, including stricter treatment of insider trading and unregistered activity. The broader signal is clear: as digital assets move deeper into regulated finance, the infrastructure around them will need to meet higher standards for governance, surveillance, disclosure and institutional control. Japan is another market showing that the next phase of onchain finance will be shaped not only by adoption, but by how effectively digital assets integrate into existing financial systems. Source: