Japan's Financial Services Agency (FSA) has launched a public comment period on draft rules concerning cryptocurrencies, electronic payments, and related financial regulations. The consultation covers updates aligned with the 2025 amendments to the Payment Services Act, including new asset designations and intermediary frameworks, lasting until February 27, 2026. The FSA aims to implement Japan's first spot crypto ETFs by 2028, alongside reclassifying cryptocurrencies and reducing capital gains tax to 20%, enhancing overall investor protections.

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