Regulatory Changes - Japan's FSA plans to tighten regulations on crypto lending under the Financial Instruments and Exchange Act [1] - The aim is to close loopholes and mandate stronger risk and custody controls for crypto lending [1] - Proposed investment limits for Initial Exchange Offerings (IEOs) to curb retail speculation [1] Potential Concerns - Experts warn that investment caps on IEOs could be easily bypassed in secondary markets [1]