Reported 2 days ago
Japan's Financial Services Agency (FSA) is exploring the possibility of allowing banks to invest in and hold Bitcoin and other cryptocurrencies. A working group will soon review a proposal that, if approved, would integrate digital assets into traditional financial instruments, facilitating their investment similar to stocks and bonds. This policy shift comes as Japan's crypto market rapidly grows, with over 12 million users, and aims to enhance public confidence while managing risks.
Source: YAHOO