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Japan Considers Letting Banks Hold Bitcoin and Crypto
Japan, a nation which has historically been cautious in the way it oversees finance, is on the verge of a regulatory shift in what the banking sector can do with digital assets. The Financial Services Agency (FSA), which is the country’s primary financial regulator, has begun discussion of a potential future where banks may be allowed to purchase and hold cryptocurrencies such as Bitcoin for investment purposes. This shift indicates a rational and forward-thinking approach which seeks to harmonize the clouds of innovation in the digital finance landscape with the current practices of banks. The goal being to ... (full story)
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