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Stock impact report

Tokyo Exchange Operator Mulls Limits on Digital Asset Treasury Firms: Report [Yahoo! Finance]

JAPAN EXCH GRP UNSP/ADR (JPXGY) 
NASDAQ:AMEX Investor Relations: jpx.co.jp/english/corporate/investor-relations
Company Research Source: Yahoo! Finance
Japan Exchange Group (JPX), which operates the Tokyo Stock Exchange, is considering measures to curb the growth of listed companies that hoard digital tokens as treasury assets, according to Bloomberg The bourse is exploring actions such as stricter enforcement of backdoor listing rules and fresh audits for firms tilting to crypto in a bid to protect investor interest. Since September. JPX has already pushed back against three Japanese companies planning to evolve as digital asset treasuries, warning of fundraising restrictions if they pursue crypto accumulation as a core strategy. The operator is closely monitoring such firms from a governance and shareholder protection perspective, even though it doesn't have specific regulations banning crypto hoarding by listed firms. JPX's caution toward digital asset treasuries stems from the volatile boom-and-bust swings in these stocks, which have inflicted significant losses on retail investors. Japan leads Asia with 14 publicly li Show less Read more
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