Japan seeks to reform cryptographic policies because the Financial Services Agency (FSA) should introduce important reforms in the regulation of stable and crypto brokerage activities.
According to a Local media report As of February 19, 2025, “Policy understands allow Stablecoins to be supported by short -term state bonds and certain term deposits in addition to current request deposits.”
The FSA of Japan approves the reform of the stablescoin – the key changes to come in 2025
Souprolir with the shield:
Supported by government obligations, term and demand deposits
Cap
Cryptographic intermediaries:
Separate recording for brokerage companies
No need for … pic.twitter.com/k0xvpnrpgl
– Stabolut (@stabolut) February 20, 2025
According to the report, the objective of the newly introduced policy is to set a 50% higher limit on the amount of new assets which can be incorporated, sticking a balance between better convenience and security.
Explore: Japan plans to approve the Bitcoin FNB, can reduce the cryptographic tax by 55% to 20%
Cover long and strict requirements
Currently, Japanese Crypto ranges are faced with strict requirements in the same virtual asset service provider system (VSAP) which applies to crypto exchanges.
This process is not only long but also technically and financially demanding. It actively dissuades many companies from entering the market.
Critics argue that brokerage houses, which act as intermediaries rather than as guards of customer assets, should not be subject to the same rigorous standards as exchanges.
In response, a working group commissioned by the FSA proposed to create a new regulatory category. It will be specifically for intermediate cryptography companies. This would imply rationalized requirements and anti-flary protocols (AML). In addition, it will be adapted to the unique roles of the prowels. Within the framework of this framework, exchanges, tokens issuers and childcare companies would ensure greater responsibility for protecting users.
The proposed changes should reduce entry barriers for various actors, including game companies and portfolio operators, which could stimulate innovation in the cryptographic ecosystem of Japan.
Explore: Japan to finalize the cryptographic tax by June, adopts XRP for international transactions
Japan plans to approve Bitcoin ETF can reduce the cryptographic tax by 55% to 20%
The FSA could finally raise the prohibition of Bitcoin negotiated funds on the Stock Exchange (ETF) funds and approve it as soon as possible.
The reports suggest that the FSA is currently focusing on Bitcoin and ETF ETF approvals.
Japan also plans to reclassify cryptocurrencies.
In the future, Crypto can be classified under the law on financial instruments and exchange (FIEA). Currently, digital assets are treated as payment instruments under the Payment Services Act (PSA). This reclassification would lead to cryptocurrencies under stricter financial regulation, similar to securities, forcing companies to provide detailed disclosure on their operations.
While legislative changes could arrive by 2026, the Japanese FSA plans to announce its political orientation in June 2025.
In addition, if Japan is finalizing on the reduction of the 20%cryptography tax, this could change the situation for investors.
Main to remember
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New Japan policies are aimed at rationalizing operations, improving user protection and promoting innovation in the cryptography and blockchain sectors in Japan.
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This decision comes as the country seeks to find a balance between regulatory rigor and to promote a competitive environment for emerging technologies.
Post Japan moves to reform Stablecoin regulations and cryptographic brokerage regulations were published first on 99Bitcoins.