Japan’s cryptocurrency market is experiencing a surge fueled by investor enthusiasm and anticipation of potential regulatory changes. According to PANews, crypto assets held by Japanese investors surged past 5 trillion yen at the end of July, representing a significant 25% increase compared to the previous month. This growth was mirrored in Bitcoin’s valuation, which saw a robust 15% increase in yen terms during the same period. While holdings slightly decreased to 4.9 trillion yen by September’s end, industry participants remain optimistic about the market’s trajectory. Discussions on potential regulatory reforms, including easing tax burdens on crypto profits and loosening restrictions on lending and asset securitization, aim to attract a wider retail investor base.