PANews reported on March 30 that according to Jinshi, the Japanese Financial Services Agency (FSA) is considering regulating internal transactions of encrypted digital currency assets. Japanese regulators are considering classifying encrypted assets as financial instruments under Japanese law. It is expected that the Japanese FSA will submit a draft to the parliament to revise the Financial Transactions Act as early as next year. The Japanese FSA hopes that they can prevent unfair trading practices when trading encrypted assets for investment purposes. It is expected that a financial committee (under the Japanese FSA) will discuss more details of the aforementioned revised draft from the summer of 2025.