Japan’s financial regulator not convinced on making cryptocurrency investing easier

Japan’s financial regulator not convinced on making cryptocurrency investing easier

The head of Japan’s Financial Services Agency says he is open to the p[otential benefits of crypto.

  • Could be an efficient way of transferring money

But, says examples like Bitcoin are currently mainly being used for speculation and investment in Japan. 

  • and now new challenges are arising due to the multiplications of firms involved in decentralized finance (DeFi)

Bitcoin has stabilised above 45K the past few hours:

The head of Japan's Financial Services Agency says he is open to the p[otential benefits of crypto.

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