Japan to Let Banks Launch Crypto Trading Units
Japan’s financial watchdog is preparing to allow banking groups to establish cryptocurrency trading services, the Nikkei reported.
Japan’s financial watchdog is preparing to allow banking groups to establish cryptocurrency trading services, the Nikkei reported.
Bitcoin is back above $110,000, rallying with the broader crypto market on the back of renewed ETF inflows and rate cut optimism.
A major review of Japan’s financial regulations is underway, with the Financial Services Agency (FSA) considering a carefully calibrated move to permit local banks to engage in cryptocurrency activities.
The recent sharp correction in crypto markets was likely driven by crypto native investors, not holders of spot ETFs, according to JPMorgan.
In a major coordinated action against transnational financial crime, US and UK agencies have targeted a massive crypto scam network, resulting in the largest Bitcoin seizure in US history.
Japan is set to explicitly ban insider trading in cryptocurrencies.
Citi has officially confirmed it is advancing plans for a full-scale crypto custody service, with executives targeting a 2026 public launch.

"A purely peer-to-peer version of electronic cash would allow online
payments to be sent directly from one party to another without going through a
financial institution." - Satoshi Nakamoto (Bitcoin White Paper)
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