05:04
Japan Financial Services Agency: Before approving crypto ETFs, it will be difficult to allow overseas ETF-linked CFDs to be offered domestically.
The Japan Financial Services Agency has revised its Q&A, stating that derivatives such as CFDs based on overseas crypto asset ETFs are not ideal domestically and offer insufficient investor protection. IG Securities has already halted CFD trading based on US spot Bitcoin ETFs, indicating that regulatory restrictions are unlikely to be relaxed in the short term.
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