* Japan reclassified crypto as financial instruments under the FSA to curb insider trading by 2027.
* Proposed tax cuts from 55% to 20% aim to align digital assets with traditional Japanese stocks.
* Unregistered sellers face 10-year prison terms and $62,800 fines to boost market transparency.
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**TL;DR:**
* Japan reclassified crypto as financial instruments under the FSA to curb insider trading by 2027.
* Proposed tax cuts from 55% to 20% aim to align digital assets with traditional Japanese stocks.
* Unregistered sellers face 10-year prison terms and $62,800 fines to boost market transparency.