TechFlow news: On January 26, according to the Nikkei newspaper, Japan’s Financial Services Agency (FSA) is expected to lift its ban on spot cryptocurrency ETFs—such as Bitcoin ETFs—by 2028. To achieve this, regulators plan to amend the Enforcement Order of the Investment Trust Act to classify virtual currencies as “specific assets” eligible for investment by investment trusts. It is reported that major financial institutions—including SBI Holdings and Nomura Holdings—are already advancing related product development. If approved for listing on the Tokyo Stock Exchange, individual investors will be able to trade cryptocurrency ETFs through their securities accounts, just as they do with stock or gold ETFs. Earlier surveys indicated that at least six asset management firms are researching and developing such products, targeting both individual and institutional investors.
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