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Japan’s Parliament Reclassifies Bitcoin and Crypto as Financial Assets Under FIEA

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Japan’s parliament passed an amendment on Wednesday that reclassifies cryptocurrency as a “financial asset,” a shift that pulls bitcoin and other digital assets out of the country’s payments regime and into the framework that governs stocks, bonds, and investment trusts, according to a report from public broadcaster NHK [1]. The […] The post Japan’s Parliament Reclassifies Bitcoin and Crypto as Financial Assets Under FIEA appeared first on Activist Post.

Source: https://www.activistpost.com/japans-parliament-reclassifies-bitcoin-and-crypto-as-financial-assets-under-fiea/

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