— According to Asahi, Japan's regulator (FSA) views cryptocurrencies as financial assets subject to regulation under Insider Trading, which could significantly change the trading approach.

— There are also plans to reduce the tax on income from crypto transactions from the current ~55% to a fixed 20%.

— Exchanges will be required to disclose volatility risks, and banks and insurance companies will be able to sell cryptocurrencies through subsidiary brokerage structures.