Japan Exchange Group Eyes Stricter Oversight on Digital Asset Treasury Companies

TLDR Japan Exchange Group explores stricter rules for publicly listed companies holding significant cryptocurrency reserves. JPX could require fresh audits for companies pivoting to large-scale crypto accumulation. Three companies paused crypto purchase plans after receiving warnings from JPX about future fundraising limits. Metaplanet’s stock has dropped 79% since June 2024 amid its bitcoin accumulation strategy. [...]

The post Japan Exchange Group Eyes Stricter Oversight on Digital Asset Treasury Companies appeared first on Blockonomi.