Tokyo Exchange Operator Mulls Limits on Digital Asset Treasury Firms: Report

On November 13, 2025, the Tokyo Exchange operator announced its intention to explore stricter enforcement of listing rules and audits for digital asset treasury firms. This initiative is primarily aimed at protecting investors amid increasing scrutiny of the cryptocurrency sector. The decision aligns with a broader trend in financial markets where regulatory bodies are tightening oversight to enhance transparency and reduce risks associated with digital assets. As the cryptocurrency landscape evolves, ensuring robust investor protections becomes paramount, particularly in light of recent market volatility and incidents of fraud. By considering these measures, the Tokyo Exchange is taking proactive steps to foster a safer trading environment, which could bolster investor confidence and potentially attract more participants to the market.