Japan’s FSA may allow banks to hold Bitcoin and operate crypto
TLDR
- Japan’s FSA is reviewing rules to let banks hold Bitcoin for investment.
- Over 12 million crypto accounts are registered in Japan as of 2025.
- Banks may be allowed to run licensed crypto exchanges under new reforms.
- Japan plans to shift crypto oversight to the Financial Instruments Act.
Japan’s Financial Services Agency (FSA) is reviewing rules that may soon let banks hold Bitcoin and other cryptocurrencies. This potential change would mark a shift from the agency’s current stance, which restricts banks from direct crypto exposure due to price volatility. If approved, banks could also operate licensed crypto exchanges, giving them a larger role in Japan’s fast-growing digital asset sector.
