Tokyo Exchange Operator Weighs Tools To Check Corporate Crypto Hoarding As Listed Firms Pause Plans
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- JPX is considering tighter oversight of companies accumulating large crypto holdings
- Several Japanese firms pause crypto-buying plans following JPX’s pushback
- Metaplanet defended its governance, citing shareholder-approved processes
Japan Exchange Group Inc. (JPX), the operator of the Tokyo Stock Exchange, is reportedly exploring ways to limit the rapid rise of listed companies turning into digital-asset treasury entities, amid growing concerns about investor losses tied to Japan’s crypto hoarding trend.
JPX Weighs Tighter Oversight Of Digital-Asset Treasuries
According to Bloomberg, the exchange is considering stricter applications of its backdoor-listing rules and may require companies shifting toward digital-asset holdings to undergo fresh audits. However, no official decision has been finalized yet.
Since September, at least three listed firms have pa…
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