Japan Mulls Letting Banking Groups Offer Crypto Trading Services, Nikkei Reports
13 Articles
13 Articles
Japan mulls letting banking groups offer crypto trading services, Nikkei reports
Japan's financial regulator is mulling allowing members of banking groups to launch cryptocurrency trading services, in a move to expand market access and foster competition, the Nikkei reported on Wednesday. Japan's Financial Services Agency (FSA) is also considering lifting a ban on banks from buying and ho
Japan May Allow Banks to Hold Bitcoin As Cryptocurrency Rules Ease
Key Insights To bring cryptocurrency into the mainstream financial system, the FSA of Japan is thinking of letting banks hold and trade Bitcoin. With a $7 trillion banking industry, Japan’s entry could strengthen institutional adoption globally and have an impact on G7 policies. Japan is preparing for a significant shift in its financial policy. Regulations that would permit banks to retain and sell Bitcoin are being examined by the Financial S…
Japan to Ease Crypto Rules, Banks Could Soon Trade or Store Bitcoin Under FSA Proposal - Coin Surges
Japan’s Financial Services Agency (FSA) is weighing a landmark reform that would let domestic banks buy, hold, trade, and custody Bitcoin and crypto, treating them more like stocks or government bonds under a unified, prudential framework. The plan, set for discussion at an upcoming Financial Services Council meeting, would also allow banking groups to register as licensed crypto-exchange operators, giving retail and corporate clients direct acc…
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