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Japan's Financial Services Agency is shaking things up in the crypto world! Closed-door talks are underway to possibly classify cryptocurrencies as securities, a move that could impact retail investors but pave the way for spot crypto ETFs.
- Discussions involve applying existing securities laws or creating new ones.
- Focus on major cryptos like Bitcoin and Ethereum.
- Policy direction expected by June, with potential legal changes by 2026.
What do you think? Will this boost or hinder Japan's crypto market? Share your thoughts below
#Gate.io Has Officially Partnered with Oracle Red Bull Racing #BTC Market Trend Analysis #Which Altcoin ETF Could be Approved First?