This pertains to significant changes or updates to the legal and administrative frameworks governing industries and markets within Japan. Such reforms are typically enacted by the Japanese government to address economic shifts, technological advancements, or international standards. They aim to enhance competitiveness, foster innovation, or improve consumer protection.
Context
Regulatory reform in Japan is particularly relevant to the digital asset sector, as the nation has been an early adopter of cryptocurrency regulation. Recent legislative adjustments focus on enhancing investor protection, combating money laundering, and establishing clear operational guidelines for crypto exchanges and stablecoins.
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