Japan's Financial Services Agency is considering reforms to allow banks to purchase and hold cryptocurrencies such as Bitcoin for investment. The proposed changes would also enable banks to register as cryptocurrency exchange operators. This initiative reflects Japan’s increasing crypto adoption amid economic challenges like rising national debt and inflation concerns. With millions of registered crypto users and significant corporate investments in Bitcoin, Japan is advancing toward a more regulated and integrated crypto market.
Continue to read Japan’s Financial Regulator Moves Toward Allowing Banks to Invest in Cryptocurrencies
Japan's Financial Services Agency is considering reforms to allow banks to purchase and hold cryptocurrencies such as Bitcoin for investment. The proposed changes would also enable banks to register as cryptocurrency exchange operators. This initiative reflects Japan’s increasing crypto adoption amid economic challenges like rising national debt and inflation concerns. With millions of registered crypto users and significant corporate investments in Bitcoin, Japan is advancing toward a more regulated and integrated crypto market.
Continue to read Japan’s Financial Regulator Moves Toward Allowing Banks to Invest in Cryptocurrencies
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