According to Nikkei News, the Japanese government approved amendments to the Financial Instruments and Exchange Act at a cabinet meeting on April 10, for the first time bringing crypto assets under “financial products” for regulation. The plan is to introduce insider trading prohibitions and require issuers to disclose information every year, in order to strengthen investor protection. Previously, crypto assets were mainly regulated as a payment method under the Funds Settlement Act. As their investment attributes increase, the regulatory framework will shift toward rules for financial markets. If the relevant legislation is passed by this session of the National Diet, it is expected to be implemented as early as 2027.