The head of Japan’s finance regulator said “cautious consideration” is needed in deciding whether to follow the likes of Hong Kong and the US by approving crypto-linked exchange-traded funds.
Many people believe cryptoassets “do not necessarily contribute to the wealth creation of the Japanese people in a stable and long-term manner,” said
His remarks come after a softening in the stance of regulators globally on ETFs that invest directly in Bitcoin and Ether. The US Securities and Exchange Committee grudgingly gave the green light to the ...
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