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Bloomingbit Newsroom

Summary

  • The Financial Services Agency of Japan reported that it is preparing institutional arrangements for the introduction of a Bitcoin ETF.
  • They are reviewing the treatment of virtual assets as financial products equivalent to securities.
  • They announced plans to submit a bill to amend the relevant laws to the regular National Assembly in 2026.

It has been reported that Japanese financial authorities are preparing institutional arrangements with Bitcoin (BTC) spot Exchange-Traded Funds (ETFs) in mind.

According to industry sources on the 10th, Japan's Nihon Keizai Shimbun reported that the Financial Services Agency of Japan has begun reviewing the treatment of virtual assets as financial products equivalent to securities. This is interpreted as a measure with the launch of virtual asset ETFs in mind.

The Financial Services Agency is reportedly in the discussion stage of whether the current regulations related to virtual assets are sufficient through a private study with experts.

Based on the outcomes of this study group, they plan to announce the direction of institutional revisions in June and consult the Financial Council, which convenes after autumn. Following discussions in the council, they plan to submit a bill to amend the relevant laws to the regular National Assembly in 2026.

Bloomingbit Newsroom

Bloomingbit Newsroom

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