Japan Classifies Ethereum as Financial Product Under FIEA Framework in 2026

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According to Japan's Financial Services Agency, Ethereum will be classified as a financial product under the Financial Instruments and Exchange Act (FIEA) this year, replacing oversight under the Payment Services Act. The reclassification brings insider trading restrictions and stricter disclosure and compliance requirements. Japan aims to develop regulated Ethereum ETFs with full rollout expected around 2027 to 2028.
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