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المشهد العربي
Japan reclassifies cryptocurrencies as assets
The Japanese Parliament has approved a new law that reclassifies cryptocurrencies as "financial assets" rather than placing them under the Payment Services Act, in order to impose stricter regulations. The amendment includes advanced rules to combat illegal trading and stricter penalties for unauthorized operations. It is expected to be implemented within a year, coinciding with the rise of the cryptocurrency market in Japan.
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