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Japan defines cryptocurrencies as financial products
On April 10, 2026, the Japanese Cabinet approved a bill during a cabinet meeting that fundamentally changes the legal status of cryptocurrencies. With the new regulation, digital assets will no longer be classified solely as a means of payment but as "financial instruments" with rights similar to securities. This move tightens the country's oversight of the cryptocurrency sector while also aiming to elevate investor protection to the level of traditional financial markets.
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