Japan’s finance minister signaled that crypto’s future lies inside regulated exchanges as Japan advances tax, disclosure and market reforms. Japan appears to be moving to bring cryptocurrencies deeper into its traditional market rulebook, signaling that regulators want digital assets handled through established exchanges and securities-style oversight rather than a parallel system. The direction was underscored on Monday by Finance Minister and Financial Services Minister Satsuki Katayama, who publicly backed traditional securities exchanges and market infrastructure as the primary gateway for blockchain-based assets. Speaking at the Tokyo Stock Exchange’s New Year opening ceremony, Katayama framed 2026 as Japan’s first year of full-scale digitalization. Her remarks echoed a broader regulatory shift that has been steadily aligning crypto with traditional capital markets. Read more
Bitcoin headed higher despite the Bank of Japan's interest-rate hike while reactions saw bullish risk-asset signals and no further policy tightening. Bitcoin (BTC) aimed for $88,000 on Friday after Japan’s central bank raised interest rates to 30-year highs. Key points: Bitcoin joins US stocks futures heading higher in a curiously bullish reaction to Japan’s interest-rate hike. Read more
The Bank of Japan is expected to increase its benchmark interest rates on Friday, a historically bearish signal for riskier assets like Bitcoin. Bitcoin (BTC) could face a continued correction toward the $70,000 level if the Bank of Japan (BoJ) proceeds with an expected interest-rate hike on Dec. 19, according to multiple macro-focused analysts. Key takeaways: BoJ tightening could pressure Bitcoin by draining global liquidity. Read more
Japan plans to move crypto regulation from payments law to securities rules, tightening disclosures for IEOs and cracking down on unregistered platforms. Japan’s financial regulators are preparing to move crypto asset oversight out of the country’s payments regime and into a framework designed for investment and securities markets. The Financial Services Agency (FSA) on Wednesday released a comprehensive report from the Financial System Council’s Working Group on the regulatory status of cryptocurrencies across multiple sectors. The document outlines a plan to shift the legal basis for crypto regulation from the Payment Services Act (PSA) to the Financial Instruments and Exchange Act (FIEA), which is the primary law regulating securities markets, issuance, trading and disclosures. Read more
Japan’s FSA is set to mandate liability reserves for crypto exchanges to boost consumer protection. The new rules are set to change the market. Japan is in the process of introducing significant changes to cryptocurrency regulation following renewed attention to Mt. Gox-related repayment activity in 2024. The Financial Services Agency (FSA) plans to introduce new rules requiring cryptocurrency exchanges to maintain special “liability reserves” to protect customers if their assets are lost due to hacks or unauthorized transfers. The measures aim to bring the cryptocurrency sector closer to the strict standards applied to traditional financial institutions in Japan, one of the world’s most heavily regulated markets. Read more
Indian crypto holders now hold 5 tokens on average, Ripple secures regulatory approval in Singapore, and Japan’s crypto tax: Asia Express The average crypto holder on the popular Indian crypto exchange CoinDCX is starting to diversify their portfolio, according to recent survey results. The Indian crypto investor today holds an average of 5 tokens per portfolio, CoinDCX said in an annual report released on Thursday. Its survey indicates the average investor in India has almost doubled the range of crypto tokens they hold, up from around two to three tokens in 2022. CoinDCX said that investors are increasingly exploring the potential of other blockchain networks rather than focusing solely on Bitcoin. Read more