Key Takeaways
- SBI Securities and Rakuten Securities plan to sell crypto investment trusts, opening bitcoin and ethereum to retail brokerage accounts.
- Japan’s FSA targets 2028 for Investment Trust Act revisions, with a proposed 20% tax rate replacing the current 55% cap.
- Nomura, Daiwa, and 11 other firms will evaluate crypto fund offerings once Japan’s regulatory framework is finalized.
Japan Brokerages Push Crypto Funds as FSA Eyes 2028 Regulatory Deadline
SBI Securities and Rakuten Securities plan to develop and distribute crypto investment trusts in-house, according to a recent Nikkei Asia report. The products would give ordinary brokerage customers exposure to bitcoin and ethereum without requiring a separate exchange account or…
