Japan Exchange Group: Japan Exchange Proposes Measures to Curb Listed Companies' Accumulation of Cryptocurrencies

Jinse Finance reported that on April 5, according to Nikkei News, Japan Exchange Group announced on April 3 that companies with over 50% of their assets in cryptocurrencies will no longer be newly included in indices such as the Tokyo Stock Price Index (TOPIX), while existing constituent stocks will not be affected. Japan Exchange Group launched a public consultation on the same day and plans to formally implement the measure around this autumn. Japan Exchange Group stated that this move mainly considers the potential impact of crypto asset price volatility on stock prices and index stability.