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News
Significance:
7/10

Japan’s FSA weighs allowing banks to hold Bitcoin, other cryptos: Report

https://cointelegraph.com/news/japan-fsa-may-let-banks-hold-bitcoin-crypto-assets

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Regulation
CeFi
Stablecoins
•
Amin Haqshanas
•
Cointelegraph

Mentions

Organizations

Regions

Code
Name
JP
🇯🇵Japan

Sentiments

Target
Sentiment
Comment
🇯🇵
Japan
Bullish
Japan’s FSA is considering regulatory changes that could significantly expand cryptocurrency adoption by banks, indicating a positive shift in the country’s crypto policy.
BitcoinBTC
Bullish
The potential allowance for banks to hold Bitcoin could increase institutional demand and mainstream adoption of the cryptocurrency in Japan.