Japan’s Financial Services Agency plans to revamp crypto regulations, classifying digital assets as financial products. Exchanges would need to disclose details on 105 listed tokens and comply with insider trading rules. The FSA aims to present this proposal to parliament in 2026. Japan also considers implementing a 20% flat tax on crypto gains, similar to stocks, to prevent insider trading in the market. Additionally, the FSA may allow banks to hold cryptocurrencies for investment purposes, potentially revisiting current restrictions.

Read more at Cointelegraph: Japan Plans to Classify Crypto as Financial Products, Cut Tax