Japan’s FSA to Allow Banks to Trade Crypto: Impact on Markets & Investor Safety

The Financial Services Agency (FSA) in Japan is exploring a major shift in financial regulations by potentially permitting banks to trade and hold cryptocurrencies. This proposal, if implemented, could significantly impact liquidity within the local market and potentially attract new institutional investment. Japan’s FSA is considering allowing banks to buy, sell, and store popular cryptocurrencies like Bitcoin (BTC) and Ethereum (ETH). Stricter regulations would apply, ensuring better risk management for these volatile assets.