The Financial Services Agency (FSA), Japan’s Financial Regulatory Authority (FSA), has issued a comprehensive discussion certificate of classification of crypto currencies. In the document, it is proposed to divide digital assets into two basic categories, while the outline of the regulatory frameworks specific to each category was brought to the agenda. With this proposal, it is aimed to increase market transparency and to reduce information asymmetry. The agency’s explanations include remarkable signals in terms of both the protection of investors and the more healthy control of projects.
Two types of crypto currency definitions: Discrimination of Objective and Structure
According to FSA’s suggestion, crypto currencies will be divided into two separate categories according to the fund collection method and purpose of use. The first group called “Type 1 olarak will include tokenlar used to finance business activities. Assets in this group include digital assets, which are generally supported by the community, aiming to finance new projects.
The agency emphasizes that assets in Type 1 class should offer clear and clear information to investors. The aim of the project is critical to explain the elements such as how to use the collected funds and to create a trust environment. In this context, the principle of regulatory transparency will be structured in a way that further increases the responsibilities of asset exporters.
The other category, which is defined as “Type 2 ,, includes crypto currencies without decentralized, non -decentralized exporters such as Bitcoin and Ethereum. Since these assets are not released by any organization and there is no fixed governance structure, the limits of the obligation to explain the information are also controversial. FSA points out that the applicability of classical regulation mechanisms for such assets is limited.
Inclusive and gradual arrangements from Japan
The new suggestion is considered as part of Japan’s increasingly mature attitude towards the crypto currency market. Especially in recent years, Japanese officials, who have adopted a more supportive approach, are trying to integrate them into the financial system in a controlled manner instead of completely excluding crypto currencies. In this context, steps such as the introduction of securities -like investment instruments and the creation of stock market -based products are also taken in parallel.
FSA does not neglect to receive the views of the public during the regulation process. The agency states that the contribution of companies, investors and relevant parties operating in the market will increase the applicability of the regulations to be put forward. Open communication and participatory approach will play a decisive role in eliminating regulatory uncertainties and establishing investor confidence.
This new classification system aims to rebuild not only the legal frameworks, but also the balances of transparency and responsibility that the sector needs within itself. Information explanation obligations that vary according to the type of assets can create a more balanced information flow in the market. Thus, both projects will be able to sit on more solid foundations and users will be able to better evaluate the risks.
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.
