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lmfao, Japan going full crypto mode 🚀! FSA about to make banks hodl Bitcoin?! This ain’t your grandma’s savings
wait, so japanese banks might hold bitcoin now?? 🤯 does this mean i can buy sushi with crypto soon?? 🍣
bitcoin holdings in Japanese banks: FSA considering reforms to allow banks to hold crypto assets for investment 🇯🇵—aiming to align
The FSA in Japan plans to discuss reforms allowing banks to hold cryptocurrencies like Bitcoin for investment 🇯🇵. This shift contrasts with current guidelines due to volatility concerns. The FSA aims to align crypto asset management with traditional financial products, imposing capital and risk management rules to safeguard against sharp price drops 📈. The proposed reforms also include the possibility of banking groups becoming licensed cryptocurrency exchange operators, reflecting the rapid growth of Japan’s crypto market 📊.
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