Japanese Banking Giants Poised to Enter Crypto Arena Under New Regulatory Plan
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A major shift is on the horizon for Japan’s financial landscape as the country’s regulator, the FSA, considers lifting a long-standing ban.
The proposal would enable subsidiaries of traditional banking groups to launch cryptocurrency trading services and even hold crypto for investment.
By revising the Banking Act, the FSA aims to modernize the market, allowing banks to compete on equal footing with fintech-focused securities groups and signaling a new era of institutional involvement in Japan’s crypto economy.
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