Japan Proposes Allowing Banks to Hold Bitcoin, Boosting Crypto Integration

Japan’s Financial Services Agency (FSA) is proposing a major regulatory change that could allow banks to directly hold Bitcoin and other cryptocurrencies. This move aligns with securities regulations and aims to integrate digital assets into Japan’s financial system. The potential impact of these changes could be significant, boosting investor confidence, driving institutional participation in the market, and potentially further mainstream adoption of cryptocurrencies.