# 金融商品取引法 / Financial Instruments and Exchange Act — 第百八十五条の二十三 (Article 185-23) - Law: 金融商品取引法 (Financial Instruments and Exchange Act), 昭和二十三年法律第二十五号 - English title "Financial Instruments and Exchange Act": Ministry of Justice translation - Kind: Act — the distinction between 法律 (Act), 政令 (Cabinet Order), 省令 (Ministerial Order) and 条例 (local ordinance) decides who may issue it and what it may say. - Provision: 第百八十五条の二十三 (Article 185-23)（風説の流布、偽計、暴行又は脅迫の禁止） — address `art-185-23` - Text in force since: 2026-08-12 - URL (the page that opens at this provision): https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-185-23 - Permanent URL (e-Gov law ID, never renamed): https://japanlaw.org/l/323AC0000000025/art-185-23 - Every provision below carries its address and both URLs on the line under it. - Japanese text: e-Gov 法令検索, Digital Agency (デジタル庁). English: as marked on each line below. Only the Japanese as published by the government has legal effect; the text below is a copy of it. Every English rendering below is a translation and says which kind: the Ministry of Justice's translation, or this site's machine translation, whose model and date the Sources list names. They are never merged and never substituted for one another. --- ### 第百八十五条の二十三（風説の流布、偽計、暴行又は脅迫の禁止） — (Prohibition on Spreading Rumors, Using Fraudulent Means, Committing Assault, and Using Intimidation) caption: Ministry of Justice translation — Japanese Law Translation Database System art-185-23 · https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-185-23 · https://japanlaw.org/l/323AC0000000025/art-185-23 **第一項** 何人も、暗号等資産の売買その他の取引若しくは暗号等資産関連デリバティブ取引等のため、又は暗号等資産等（暗号等資産若しくはオプション（暗号等資産又は暗号等資産関連金融指標に係るものに限る。次条第一項第三号において「暗号等資産関連オプション」という。）又はデリバティブ取引に係る暗号等資産関連金融指標をいう。次項、同条第二項第一号及び第二号並びに第百九十七条第二項第二号において同じ。）の相場の変動を図る目的をもつて、風説を流布し、偽計を用い、又は暴行若しくは脅迫をしてはならない。 art-185-23/par-1 · https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-185-23/par-1 · https://japanlaw.org/l/323AC0000000025/art-185-23/par-1 It is prohibited for any person to spread rumors, to use fraudulent means, to commit assault, or to use intimidation for the purpose of conducting a purchase and sale or other transaction of crypto-and other assets or a cryptoasset-related derivatives transaction, etc. or for the purpose of causing a fluctuation in the market price of a crypto-and other asset, etc. (meaning a crypto-and other asset or option (limited to one involving a crypto-and other asset or a cryptoasset-related financial indicator; referred to as a "cryptoasset-related option" in paragraph (1), item (iii) of the following Article), or a cryptoasset-related financial index that is connected with a derivatives transaction; the same applies in the following paragraph, paragraph (2), items (i) and (ii) of that Article, and Article 197, paragraph (2), item (ii)). Ministry of Justice translation — Japanese Law Translation Database System **第二項** 第百五十八条の規定は、暗号等資産関連デリバティブ取引等及び暗号等資産等については、適用しない。 art-185-23/par-2 · https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-185-23/par-2 · https://japanlaw.org/l/323AC0000000025/art-185-23/par-2 The provisions of Article 158 do not apply to cryptoasset-related derivatives transactions, etc. and to crypto-and other assets, etc. machine translation, not official --- ## Cites - art-185-23/par-1: 次条第一項第三号 → 金融商品取引法 第百八十五条の二十四第一項第三号 (Article 185-24, paragraph (1), item (iii)), art-185-24/par-1/item-3 — https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-185-24/par-1/item-3 · https://japanlaw.org/l/323AC0000000025/art-185-24/par-1/item-3 - art-185-23/par-1: 次項 → 金融商品取引法 第百八十五条の二十三第二項 (Article 185-23, paragraph (2)), art-185-23/par-2 — https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-185-23/par-2 · https://japanlaw.org/l/323AC0000000025/art-185-23/par-2 - art-185-23/par-1: 同条第二項第一号 → 金融商品取引法 第百八十五条の二十四第二項第一号 (Article 185-24, paragraph (2), item (i)), art-185-24/par-2/item-1 — https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-185-24/par-2/item-1 · https://japanlaw.org/l/323AC0000000025/art-185-24/par-2/item-1 - art-185-23/par-1: 第二号 → 金融商品取引法 第百八十五条の二十四第二項第二号 (Article 185-24, paragraph (2), item (ii)), art-185-24/par-2/item-2 — https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-185-24/par-2/item-2 · https://japanlaw.org/l/323AC0000000025/art-185-24/par-2/item-2 - art-185-23/par-1: 第百九十七条第二項第二号 → 金融商品取引法 第百九十七条第二項第二号 (Article 197, paragraph (2), item (ii)), art-197/par-2/item-2 — https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-197/par-2/item-2 · https://japanlaw.org/l/323AC0000000025/art-197/par-2/item-2 - art-185-23/par-2: 第百五十八条 → 金融商品取引法 第百五十八条 (Article 158), art-158 — https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-158 · https://japanlaw.org/l/323AC0000000025/art-158 ## Cited by 3 provisions cite this one. No official source publishes this direction. - 金融商品取引法 第百八十五条の二十二第一項第一号（不正行為の禁止） — https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-185-22/par-1/item-1 · https://japanlaw.org/l/323AC0000000025/art-185-22/par-1/item-1 - 金融商品取引法 第百八十五条の二十三第一項（風説の流布、偽計、暴行又は脅迫の禁止） — https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-185-23/par-1 · https://japanlaw.org/l/323AC0000000025/art-185-23/par-1 - 金融商品取引法 第百九十七条第一項第六号 — https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-197/par-1/item-6 · https://japanlaw.org/l/323AC0000000025/art-197/par-1/item-6 --- ## Sources - e-Gov 法令検索, Digital Agency (デジタル庁) — 金融商品取引法 — the text in force from 2026-08-12 (https://laws.e-gov.go.jp/law/323AC0000000025/20260812_508AC0000000064), retrieved 2026-10-22 - Japanese Law Translation Database System, Ministry of Justice (法務省) — Financial Instruments and Exchange Act — Ministry of Justice translation (https://www.japaneselawtranslation.go.jp/en/laws/view/4633/tb), retrieved 2026-10-22 - claude-sonnet-5-5 — Machine translation, batch financial-instruments-and-exchange-act-20261023T035921-015, translated 2026-10-23 - This site's parser, version 212 — 金融商品取引法 — structure, counts, cross-references and defined terms, computed 2026-10-22