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Japan's FSA reviews rules to let banks hold Bitcoin
Japan's Financial Services Agency (FCA) is reviewing rules that would allow banks to buy and hold Bitcoin and other cryptocurrencies on their balance sheets. The regulator is also looking at whether banking groups could register as licensed crypto exchange operators to offer trading and custody services. Japanese crypto exchanges will be allowed to trade stablecoins
Japanese cryptocurrency exchanges will be able to list some stablecoins in mid-2023. This was stated by the Financial Services Agency (FSA), which intends to lift the ban on the circulation of stablecoins within the country. However, there are a number of conditions to follow. 1 - 3 of 3 results
