Japan’s largest asset management firms are preparing to launch the country’s first cryptocurrency investment trusts as regulators move toward a major overhaul of how digital assets are treated under financial law. Key Takeaways: Japan’s top asset managers are preparing crypto investment trusts ahead of expected 2026 regulatory changes. The FSA plans to reclassify crypto under financial securities law, allowing investment trusts and lowering taxes. SBI Global is leading the push, targeting ¥5 trillion ...