[Shimizu Shigeru: Japan's Financial Services Agency Plans to Adjust Crypto Asset Regulatory Framework] According to a report by CoinPost, Shimizu Shigeru, Director of Risk Analysis Coordination at the Comprehensive Policy Bureau of Japan's Financial Services Agency (FSA), stated during the '9th BCCC Collaborative Day' that the FSA has submitted a bill to the extraordinary Diet session. The plan involves transitioning the regulation of crypto assets from the Payment Services Act to the Financial Instruments and Exchange Act, covering areas such as information disclosure regulations, the establishment of new classifications for independent operators, strengthened penalties for unregistered operators, and the enhancement of insider trading regulations. At the same time, the FSA is advancing three experimental projects aimed at enhancing payment systems, including cross-border payments using yen-pegged stablecoins, blockchain-based securities on-chain settlement, and interbank tokenized deposit transfers. These initiatives are being promoted in conjunction with the Bank of Japan's central bank reserve tokenization sandbox project.