Nikkei reveals that Japan’s financial regulator is looking into enhanced disclosure rules for crypto assets.

Japan’s Financial Regulator Mulls Stricter Crypto Asset Disclosure Rules to Strengthen Investor Protection
10/2/2025

Japan’s Financial Services Agency (FSA) is considering imposing more stringent disclosure requirements on crypto assets, potentially aligning them with securities to better safeguard investors, Nikkei reports.

The FSA is currently conducting a closed-door study with industry experts to evaluate the effectiveness of current regulations. The agency is expected to announce any regulatory changes by June, according to the report.

These reforms could also make spot cryptocurrency exchange-traded funds (ETFs) more appealing, should they be approved in the future. In a statement from August, the FSA’s chief emphasized the need for “careful consideration” before any approval of crypto-related ETFs.