Japan about to classify crypto as financial products

[Bobcrypto]

due to increase of scam reports recently, japan is looking to tighten regulations on crypto this includes classifying crypto as financial products which requires crypto platforms or exchanges to be registered to financial regulators

this will also differentiate crypto from securities

they are looking to implement this in 2026

what do you think could be the implications of this in the country for crypto? and how will other countries see this?

source

First, not all crypto assets are classified as security even Bitcoin has been known to be a potential assets class and a good store of value, fortunately most people had considered Bitcoin as a hedge against inflation too.
Now, i think Japan is trying to strengthen it regulatory crypto policy, probably because of the escalated scam activities in the country. However, regulations is going contrary to the Bitcoin concept of decentralization, but the effects of scams is a challenge. It will be difficult to asertain the impact on the crypto economy since it is yet to be seen what rules or law that may be used on exchanges and other crypto platforms on the country.

[God Of Thunder]

Doesnt matter much. No international company will go to Japan to do crypto business because of their fucking rules. The crypto tax in Japan is the highest in the world, andthey  think they did it on purpose, so the people of their country do not invest in crypto. If a country does not want its people to invest in crypto, why do they have to focus on tightening the regulations?

In my country, Japan is the destination for many students and young age investors. But the living cost in a good city is too much.  If any of them want to start a crypto business there, they will have to pay a huge % of tax.

[rby]

With the way countries are adopting crypto now, do we really think that they will incorporate cryptocurrencies into the system without making any effort to regulate it? I know this may not sit well with lots of crypto enthusiasts, especially if the regulations are really strict, but we should understand that government acceptance of crypto comes with some form of regulation.

While I really frown at the bad actors who are giving the crypto community a bad image, I would genuinely be interested in any regulation from any country that can put an end to the increasing number of scam projects and pump-and-dump coins flooding the crypto space.

[bitterguy28]

Doesnt matter much. No international company will go to Japan to do crypto business because of their fucking rules. The crypto tax in Japan is the highest in the world, andthey  think they did it on purpose, so the people of their country do not invest in crypto. If a country does not want its people to invest in crypto, why do they have to focus on tightening the regulations?

there are countries with better regulations when it comes to crypto i think el salvador would not put much strain on your wallets should you want to do some business in another country with crypto japan might just be pushing crypto enthusiasts further away

In my country, Japan is the destination for many students and young age investors. But the living cost in a good city is too much.  If any of them want to start a crypto business there, they will have to pay a huge % of tax.

even as a tourist, japan is very expensive and would not your first choice of a destination especially if you are only under limited budget

[Gposas]

due to increase of scam reports recently, japan is looking to tighten regulations on crypto this includes classifying crypto as financial products which requires crypto platforms or exchanges to be registered to financial regulators

this will also differentiate crypto from securities

they are looking to implement this in 2026

what do you think could be the implications of this in the country for crypto? and how will other countries see this?

source

I guess I saw a similar news regarding South Korea placing ban on top exchanges because of their regulations and all.
This step on tightening regulations on crypto will only have great effect on the citizens of the country who are into the Crypto industry.

If the regulations are solely for the purpose of eradicating scam then it is good but if it entails something further, the citizens are left to suffer it.

[Baofeng]

due to increase of scam reports recently, japan is looking to tighten regulations on crypto this includes classifying crypto as financial products which requires crypto platforms or exchanges to be registered to financial regulators

this will also differentiate crypto from securities

they are looking to implement this in 2026

what do you think could be the implications of this in the country for crypto? and how will other countries see this?

source

I guess I saw a similar news regarding South Korea placing ban on top exchanges because of their regulations and all.
This step on tightening regulations on crypto will only have great effect on the citizens of the country who are into the Crypto industry.

If the regulations are solely for the purpose of eradicating scam then it is good but if it entails something further, the citizens are left to suffer it.

I don't think that it will completely eradicate scams, maybe just minimized them. But we all know that this scammers have a lot of tricks up to their sleeves so they will still continue to matter what.

And with that advent of AI technology, I do not think they that are going to stop them with such crypto regulations. It can only protect some, so still up to us to really very cautious with regards to crypto.

[God Of Thunder]

There are countries with better regulations when it comes to crypto i think el salvador would not put much strain on your wallets should you want to do some business in another country with crypto japan might just be pushing crypto enthusiasts further away
even as a tourist, japan is very expensive and would not your first choice of a destination especially if you are only under limited budget

Yeah, so I don't really care what Japan do with their crypto regulations. The more they tighten it, the harder it gets for a crypto entrepreneur to start their business. I remember hearing a story from an Exchange CEO that their first business started in Japan because the price of Bitcoin in Japan and the international market wasn't same and they toke advantage of that.

Probably Bitcoin was more expensive in Japan. They bought Bitcoin from international market and sold it on local Japanese exchanges and made some huge profit. I still believe there is a huge scope in Japan's crypto market.