Japan May Allow Banks to Invest in Cryptocurrencies
In a major move that could reshape the financial landscape, Japan’s Financial Services Agency (FSA) is considering allowing commercial banks to invest directly in cryptocurrencies . This marks one of the strongest signs yet that Japan — one of the world’s leading financial markets — is becoming more open to digital assets like Bitcoin and Ethereum. According to an FSA official, the agency is currently discussing plans to let banks buy and hold cryptocurrencies as part of their own investments , provided that they have the proper systems in place to manage risk effectively . This development shows that Japan’s regulators are starting to see crypto not just as a speculative asset, but as a legitimate part of modern finance. A Shift in Japan’s Financial Policy For years, Japan has maintained strict rules on how banks and financial institutions can engage with cryptocurrencies. Traditional banks were not allowed to invest directly in dig...