Japan’s top regulator is reportedly weighing a policy change that would let banks offer Bitcoin custody and trading services.

Japan Considering Allowing Banks To Offer Crypto-Related Services

As reported by Japanese newspaper Yomiuri, Japan’s Financial Services Agency (FSA) is considering allowing banks to acquire and hold digital assets like Bitcoin for investment purposes.

This reform, if enacted, would change the banking landscape in the East Asian nation. Currently, banks are prohibited from making cryptocurrency acquisitions for the purpose of investments under FSA guidelines introduced in 2020.

Under the new regulation, banks would be able to trade Bitcoin and other digital assets in a similar way to stocks and government bonds. There would also be certain safeguards to ensure

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