The Bitcoin Policy Institute has voiced criticism of MSCI's proposed "non-operating company" rule, warning that it could lead to the removal of crypto-related firms Strategy and Metaplanet from MSCI’s indexes. According to CoinTelegraph, the institute suggests that this new rule may have origins linked to an earlier review of crypto treasury practices.
This development highlights ongoing regulatory scrutiny within the crypto sector, particularly regarding how firms are classified and included in major financial indexes. The potential exclusion of Strategy and Metaplanet could affect investor exposure to these companies through MSCI’s widely followed benchmarks.
For Japanese markets, where institutional interest in crypto assets is growing, changes in index composition by global providers like MSCI may influence investment flows and portfolio strategies involving crypto-related equities.