What happens when a publicly traded company decides to bet big on Bitcoin? Japan’s main exchange operator is getting nervous.
The Japan Exchange Group (JPX) is considering new rules to keep a closer eye on listed firms that pile into cryptocurrency, a risky and volatile asset class.
The plan is to tighten the rules around backdoor listings and potentially force companies to get new audits if they go all-in on crypto. They’ve already used this unofficial pressure to stop three firms in their tracks, showing they’re serious about managing the risk.
