Japan's Upper House Moves Bitcoin And Crypto Under Securities Law
The upper house passed it by majority push-button vote, capping a process the lower house launched with its June 11 approval.
- Bill amends both the Financial Instruments and Exchange Act and the Payment Services Act.
- Crypto trading now faces securities-style insider-trading bans and market-integrity requirements.
- Lower house had cleared the measure by standing vote on June 11, 2026.
Why it matters: A currency invented to evade state monetary control now answers to the state's securities regulator.
House of Councillors (参議院) official bill status page ↗ · Jul 16, 20267/16/26