Japan’s financial regulator not convinced on making cryptocurrency investing easier
10 Aug 2021
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: