Japan Launches Rule Overhaul for 2028 Bitcoin ETF, Targets 3 Trillion Yen
Japan's Financial Services Agency is revising investment-fund regulations to introduce the country's first Bitcoin exchange-traded fund as early as 2028.
Major asset managers are evaluating the market, with estimates projecting the new funds could capture up to JPY 3 trillion in investor capital by fiscal 2028.
From the sources (4 posts)
@laurashinJapan just reclassified crypto as a financial instrument and cut the tax on gains from as high as 55% to a flat 20%. Jessi Brooks: the carrot is big, the regulatory stick is heavier — the space is maturing. Unregistered exchanges now risk
@laurashin"The company that runs Amazon deliveries in Japan is about to start paying a huge chunk of the drivers in yen stablecoins" Jessi on the real world after effect of Japan's new stablecoin law "There has been a major response already. This w
@laurashin"Japan is seeking to integrate onchain assets into the existing financial system. MiCA instead is asking how do we regulate crypto, treating it as a distinct industry" Katherine on why Japan's approach is philosophically different from MiC
@wublockchainJapan Could Launch Its First Bitcoin ETF as Early as 2028 Japan could introduce its first Bitcoin exchange-traded fund as early as 2028, as the Financial Services Agency prepares to revise investment-fund rules following legislation that b