Japan Explores Crypto ETFs

Japans Financial Services Agency is currently exploring interest in Exchange Traded Funds (ETFs) to track digital currencies. According to Bloomberg, the regulators in Japan last month decided against pursuing revisions to the nation’s securities law. This will allow cryptocurrency futures, options and other derivatives to be traded within the region. A person familiar with the Financial Services Agency plans in Japan, who requested anonymity, said that they are gauging industry interest in ETFs tracking digital currencies.

Leave a Reply

Your email address will not be published. Required fields are marked *

Disclaimer: Investing in cryptocurrencies involves risk and should be based on advice from qualified financial professionals. You can incur substantial losses: consider whether this is in line with your investment objectives and circumstances. Posts are based on the authors' opinion and accurate to the best of our knowledge. Our posts are not independent/financial/investment advice, nor endorsements of any product/asset/service. We try to maintain the accuracy of our information however we rely on external data which may include errors. We are not liable under any circumstances for loss or damage as a result of using our information or services.