Major Boost for Crypto? Japan Considers Allowing Banks to Hold and Trade Bitcoin
① According to reports, Japan’s Financial Services Agency (FSA) is considering implementing reforms that would allow domestic banks in Japan to purchase and hold digital assets, including Bitcoin, for investment purposes; ② This move represents a significant shift from the conservative stance adopted by Japanese regulators in 2020—when concerns over volatility and financial stability led Japanese authorities to prohibit local banks from holding cryptocurrencies.
According to reports, Japan’s Financial Services Agency (FSA) is considering implementing reforms that would allow domestic banks in Japan to purchase and hold digital assets, including $Bitcoin (BTC.CC)$ 。
This move represents a significant shift from the conservative…
