Japanese regulator eyes two-category crypto framework, seeks public input

Japan’s Financial Services Agency (FSA) published a discussion paper on April 10 seeking public input on potential crypto regulatory revisions, according to CoinPost. Open for comment until May 10, the paper proposes classifying crypto assets into two categories: those used for fundraising and business activities, and those that are not—such as Bitcoin (BTC) and Ethereum (ETH). It also covers various areas under review, including regulatory scope, disclosure rules, business conduct standards, market entry requirements and insider trading measures.