MetaEra news, March 31 (UTC+8), according to CoinDesk, the Japanese Financial Service Agency (FSA) plans to propose reclassifying crypto assets as financial products to curb insider trading in the crypto market. This proposal aims to further strengthen oversight of the Japanese crypto ecosystem, which has seen an increase in both adoption and fraudulent activities. The Financial Services Agency of Japan plans to submit a revised proposal for the Financial Instruments and Exchange Act (FIEA) to the Japanese Parliament as early as 2026 after a detailed review. (Source: CoinDesk)

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