Reported about 1 month ago
A coalition of Japanese companies is urging that discussions around cryptocurrency exchange-traded funds (ETFs) prioritize major tokens like Bitcoin and Ether. They argue that these cryptocurrencies, noted for their substantial market value and stable performance, are suitable for long-term investment. This proposal comes as Japan considers aligning its regulatory stance with international practices, with the Financial Services Agency indicating a potential review of crypto regulations, including tax structures. The group includes notable financial institutions and exchanges, seeking to create a more favorable environment for digital assets.
Source: YAHOO