The Financial Services Agency of Japan (FSA) is preparing to amend regulations to allow banks to hold and invest in cryptocurrencies such as Bitcoin. This move aims to modernize the banking system, in line with the global trend of integrating digital assets into traditional finance.
According to the proposal, banks will be allowed to trade cryptocurrencies similarly to stocks and government bonds, opening new investment opportunities for organizations. Additionally, the FSA plans to permit banking groups to register as licensed cryptocurrency exchanges. This measure will enhance investor protection, increase market transparency, and strengthen public trust, helping Japan become the leading safe cryptocurrency trading hub in Asia.
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Japan is preparing to allow banks to invest in Bitcoin and operate cryptocurrency exchanges.
The Financial Services Agency of Japan (FSA) is preparing to amend regulations to allow banks to hold and invest in cryptocurrencies such as Bitcoin. This move aims to modernize the banking system, in line with the global trend of integrating digital assets into traditional finance.
According to the proposal, banks will be allowed to trade cryptocurrencies similarly to stocks and government bonds, opening new investment opportunities for organizations. Additionally, the FSA plans to permit banking groups to register as licensed cryptocurrency exchanges. This measure will enhance investor protection, increase market transparency, and strengthen public trust, helping Japan become the leading safe cryptocurrency trading hub in Asia.