Japan Declares War on Crypto Insider Trading with New Regulatory Offensive

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Japanese regulators are launching a crackdown on illicit activities in the digital asset space. The Financial Services Agency, as reported by Nikkei Asia, is preparing new amendments specifically designed to ban insider trading in cryptocurrencies.

Under the proposed framework, the nation’s financial watchdog, the SESC, will be empowered to probe suspected cases and levy fines commensurate with illicit profits.

This offensive aims to close a critical loophole that has left the crypto market vulnerable to abuse. The push for stricter oversight comes as the lines between traditional finance and crypto continue to blur, highlighted by recent major partnerships like Binance Japan’s alliance with PayPay.