Crypto Under Watch: Japan’s ACD Bill Raises Big Questions

By Ouinex

Japan’s newly proposed ACD (Anti-Crypto Dark) Bill is causing waves in the digital asset industry, raising concerns over regulatory overreach and its potential impact on innovation.

The legislation, aimed at tightening oversight of cryptocurrency transactions, is designed to combat financial crimes, but critics argue it could stifle legitimate businesses. Under the proposed law, crypto exchanges would face stricter reporting requirements, and transactions deemed “suspicious” could be frozen without notice.

Japan has long been at the forefront of crypto regulation, being one of the first nations to legalise digital asset exchanges. However, industry players worry the ACD Bill’s broad scope could deter investment and drive innovation offshore.

“The bill lacks clear definitions and could create unnecessary friction for businesses operating within the law,” said a Tokyo-based crypto analyst.

While supporters claim the measures will strengthen investor protection, opponents argue the lack of clarity could give regulators unchecked power. The debate is set to continue, with industry leaders calling for amendments before the bill becomes law.